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Yen erases early gains on Japan intervention talks

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The yen fell on Monday as Japan, readying to host a Group of Seven meeting, again signalled its willingness to intervene in the market, driving the currency to erase early gains made on disappointing Chinese data.

London

THE yen fell on Monday as Japan, readying to host a Group of Seven meeting, again signalled its willingness to intervene in the market, driving the currency to erase early gains made on disappointing Chinese data.

Vice-Finance Minister for International Affairs Masatsugu