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Home » Equities gain ahead of Fed, yen rebounds on intervention warning

Equities gain ahead of Fed, yen rebounds on intervention warning

    Most Asian stocks rose Wednesday ahead of an expected pause in the US Federal Reserve's interest rate campaign, while the yen fell from its 2023 highs after Japan's top forex official said authorities were "on standby" to intervene.But it picked up in early Asian trade after currency official Masato Kanda said Tokyo was ready to move if needed to step into forex markets.

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