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Dollar climbs to 33-year high vs. the yen

The dollar rallied to the highest against the yen since 1990, even as Japanese authorities say they are prepared to buy the beleaguered currency.

The dollar USDJPY reached as high as 151.68 yen, before drifting lower.

That’s after disappointment in some circles with the Bank of Japan, which took another step toward ending its yield-curve control…

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