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Yen slides to 24-year low against the dollar as investors bet the Bank of Japan will stick with ultra-low rates, as the Fed battles US inflation at 40-year highs
Goldman Sachs says the Japanese yen is the 'ideal hedge' against a US recession given its weakness against the dollar
The Japanese yen used to be a 'safe haven'. But it has just crashed to a 20-year low as the dollar soars.
Historical Prices for Japanese Yen
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