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Yen Surges Across the Board, Several Yen Pairs Plunge Over 100 Pips

On July 30, the yen rapidly appreciated in short-term trading, sparking intervention speculation. As of press time, USD/JPY and EUR/JPY both fell approximately 350 pips, GBP/JPY fell about 400 pips, CAD/JPY fell over 200 pips, and AUD/JPY fell over 150 pips.

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