The yen temporarily fell to the low ¥160s in the New York market. Some reports attributed the move to increased dollar buying on expectations of US interest rate hikes.
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The story
The yen in New York temporarily fell to the low ¥160s.
At a glance
LevelThe yen in New York fell temporarily to the low ¥160s
BackgroundThe dollar strengthened on expectations of US interest rate hikes
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