The Zhitong Finance App learned that after about a month of slow weakening, the yen suddenly strengthened sharply on Thursday, rising close to 2% in a single day, the biggest single-day increase since Japan and the US jointly intervened in the foreign exchange market at the end of July. USD/JPY quickly retreated from the high of 160.39 hit earlier in the previous week to a low of around 155.30, just one step away from the low of 155.23 after the July intervention.

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