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Yen Set for Steepest Weekly Drop in a Year as Rate Hike Hopes Fade

SINGAPORE – The Japanese yen steadied on Friday but was on track for its steepest weekly drop in a year, as fading hopes for a near-term rate hike weighed on the currency. Meanwhile, the euro hovered near two-month lows amid France’s deepening political crisis, boosting the U.S. dollar to a one-year high. The yen inched […]


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