Yen surges amid market concerns over BOJ rate hikes and intervention
Story essentials
Scott Bessent (US Treasury Secretary), Bank of Japan
New York, Japan
September 2, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 19/3/2026, 4:00:59 AM
The yen surged to 158.20 against the dollar due to concerns over potential currency intervention and further BOJ rate hikes.
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Currency Strategy: A Practitioner's Guide to FX Markets
Author: Michael D. Darda
This book provides a comprehensive understanding of how central bank policies, interest rate differentials, and market interventions influence currency valuations, which is essential for analyzing the current volatility in the JPY/USD pair.
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