says oil purchase for SPR will serve as a test of conditions of physical crude oil available to the reserve
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investingLive Asia-Pacific FX news wrap: Japan warns of more intervention if needed
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Japan basically confirmed FX intervention for first time in nearly two years after yen breached 160/USD, sending it 3% higher to 155.5. Mimura warns further action possible during Golden Week. US and Japan in extremely close contact on markets.
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