*Walter Bloomberg|Aug 10, 2026 13:35
YEN WEAKENS AS INTERVENTION IMPACT FADES
The yen fell 0.7% against the dollar as the impact of Japan’s recent currency intervention faded.
Goldman Sachs says Japanese investors continued buying foreign bonds at a strong pace in July, suggesting limited appetite to shift capital back home despite government efforts.
The bank believes a Bank of Japan rate hike next month could provide more lasting support for the yen.(*Walter Bloomberg)
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