Japan stepped closer to intervention with its strongest warning yet as the yen slid to the weakest level in about 34 years against the dollar in Tokyo on Wednesday, passing the 151.95 level that led Japan to intervene in October 2022. Traders later backed away when Finance Minister Shunichi Suzuki ramped up his hints of possible action. The yen then strengthened later in the day after a report of a meeting between officials of the Finance Ministry, the central bank and the financial

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Japan stepped closer to intervention with its strongest warning yet as the yen slid to the weakest level in about 34 years against the dollar in Tokyo on Wednesday, passing the 151.95 level that led Japan to intervene in October 2022. Traders later backed away when Finance Minister Shunichi Suzuki ramped up his hints of possible action. The yen then strengthened later in the day after a report of a meeting between officials of the Finance Ministry, the central bank and the financial

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