The yen surged 2% against the US dollar amid intervention speculation, raising fears of a carry trade unwind that could trigger significant

NEW YORK, July 30 : The Japanese yen surged on Thursday, in a move analysts said bore the hallmarks of official intervention by Tokyo to prop up a currency that has slumped to…

NEW YORK, July 30 : The yen rose sharply against the dollar on Thursday, in a move analysts said bore the hallmarks of official intervention by Japanese authorities to prop up the…

Japanese currency spikes to highest level since May after prolonged decline

By Jessica Fleetham and Megumi Fujikawa