Yen weakens slightly; investors not heeding intervention signal
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London
THE yen weakened for a third day running on Thursday but was still close to a recent 18-month peak, with investors unconvinced by a signal from Japan's prime minister that it could step in to weaken the currency.
Most moves in the forex market were muted as investors waited for Friday's closely watched key US payrolls report for direction and clues on when US interest rates are likely to increase.
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