The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a US-Iran peace deal nor a rate hike in Japan managed to arrest its prolonged slide.

Japanese currency near two-year low as rate gap pressures mount

TOKYO, June 19 : The yen traded precariously near the weakest level in nearly four decades on Friday, putting investors on guard for potential intervention from Japan to defend…

The yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by government spending plans. Analysts predict…

The US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace agreement looms large as Japan's currency…