The reported action would be the US Treasury’s first direct support for the yen since 2011. Read more at straitstimes.com. Read more at straitstimes.com.

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 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…

By Jessica Fleetham and Megumi Fujikawa

Coordinated actions seen as joint effort to curb yen weakness