Dollar firms on safe haven boost, rising yields; yen hits 158 after intervention

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Dollar firms on safe haven boost, rising yields; yen hits 158 after intervention

AI Summary

The US dollar strengthened due to safe haven demand and rising yields, while the Japanese yen declined to 158 following a market intervention. This reflects ongoing currency market volatility influenced by global economic conditions.

Markets US dollar yen currency intervention safe haven rising yields market volatility

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