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Yen sinks as currency traders keep short and carry on

By Inquirer - 9 months ago
SINGAPORE  —The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth weekly drop on the dollar as investors chased better yields just about everywhere but Japan, wagering rates there would stay near zero for some time. The yen is the worst-performing G10 currency this year,

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