Fast overnight gain fades as commercial dollar demand persists ahead of BOJ meeting

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…

Japanese currency spikes to highest level since May after prolonged decline

By Jessica Fleetham and Megumi Fujikawa

Japanese currency spikes to highest level since May after prolonged decline