Weekend Yellen counsels caution on currency intervention after surge in yen ForexLive

News Source : ForexLive

News Summary

US Treasury Secretary Yellen spoke over the weekend
The G7 (of which the US and Japan are a part) have a long-standing agreement among to have the market to determine exchange rates, with intervention by authorities only when it’s aimed at smoothing out volatility
Yellen reiterated these points in her remarks

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