Employment figures weigh heavier on market even as seasonal adjustments are less reliable

The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.

Japan is set to announce as early as Aug 3 that the two governments are working in tandem. Read more at straitstimes.com. Read more at straitstimes.com.

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…