TOKYO -- The yen looks poised to continue its recent depreciation against the dollar, as technical indicators point to steadier conditions than the overselling that came with its last few periods of weakness.
Currencies
Yen seen sliding as far as 154 to dollar as charts show steady selling
Market watchers see no sign of overheated sell-off that would spur contrarian buying
The yen currently is not being as oversold in forex markets as it was in 2022 and 2023. © Reuters
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