Yen Weakens 1%, Erases Half of Intervention Boost
The yen weakened as much as 1% to touch 159.35 per dollar on Monday, erasing half of the gains from the historic US-Japan joint intervention in late July. Authorities spent an estimated…
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Yen loses half of intervention gains; Aussie-yen eyes 35-year high
The yen weakened to 158.45 against the dollar on Friday, losing nearly half the gains from last week’s joint US-Japan intervention that had pushed it to 155.23. The Aussie-yen pair is recovering…
