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Yen suddenly jumps, markets on alert for intervention

May 3, 2026 9:19 PM

SINGAPORE, May 4 (Reuters) - The yen suddenly jumped

against the dollar in Asia trade on Monday, with traders on

alert for another bout of intervention after Tokyo stepped into

the market to shore up the Japanese currency last week.

The dollar was last down 0.68% at 156.05 yen,

having fallen more than 0.7% at one point.

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