TOKYO, July 31 : Japan conducted massive yen-buying, dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources.U.S. authorities also conducted so-called "rate checks," which are precursors for currency intervention, a sign Tokyo and Washington wer

July 30 : The dollar sank against the Japanese yen on Thursday with traders alert to the possibility of intervention from Japan to prop up its stubbornly weak currency. The dollar…

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…

By Jessica Fleetham and Megumi Fujikawa

Coordinated actions seen as joint effort to curb yen weakness

The Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese authorities. The move adds to a long…