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Stocks up on US rate hopes, yen holds gains amid intervention talk

By Inquirer - 5 months ago
Updated on July 12, 2024 at 3:58 p.m. Hong Kong, China — Markets mostly rose Friday after a largely negative day on Wall Street despite growing confidence of a US interest rate cut, while the yen saw big swings as speculation swirled that Japan had stepped into forex markets to support the currency. A smaller-than-expected

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