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Yen clings to intervention gains as traders stay alert to more
The yen maintained intervention-driven gains after joint Tokyo and Washington action. Speculators are wary of rebuilding bearish positions, which supports the currency. The dollar is nursing losses following the yen intervention and falling oil prices. Investors sold the dollar after the Federal Reserve kept interest rates on hold. This week's jobs report is a key input for the eventual tightening cycle.
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economictimes.indiatimes.com
Yen leaps after intervention, leaving the dollar bruised
The yen surged significantly after authorities intervened in foreign exchange markets. This intervention followed a substantial yen-buying operation by Japan last week. Other…
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thejakartapost.com
Yen leaps as traders watch for further intervention - Markets - The Jakarta Post
The yen leapt on Monday, keeping traders on alert for further intervention from authorities to shore up Japan's historically weak currency, days after Tokyo and Washington jointly…
