Asia Strategists Eye Yen Intervention, Tech Stocks Post-Warsh

Strategists say markets are on watch for yen intervention after the Federal Reserve took a hawkish stance at Kevin Warsh’s debut meeting as governor, triggering a drop in the currency...

By Matthew Burgess, Carmeli Argana · Bloomberg Markets

Strategists say markets are on watch for yen intervention after the Federal Reserve took a hawkish stance at Kevin Warsh’s debut meeting as governor, triggering a drop in the currency to levels that have previously prompted Japan’s finance ministry to step in.