Yen Intervention Rally Faces High Hurdle at 155 to the Dollar
The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.
By John Cheng · Bloomberg Markets
The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.