President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy.…

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.

It was Washington's first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.