Japan's Yen May Strengthen to 73 Within One Year, Aug. 4

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Aug. 4 (Bloomberg) -- Tohru Sasaki, the Tokyo-based head of Japan rates and foreign-exchange research at JPMorgan Chase & Co., talks about the yen. The currency weakened against all its major peers after Japan intervened in the foreign-exchange market for the first time since March to stem gains in the yen that threaten the nation’s economic recovery. Sasaki speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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