Yen’s Breach of 160 to Dollar Puts Traders on Intervention Watch
The yen’s breach of 160 versus the dollar underscores the Japanese currency’s vulnerability to further weakness and the heightened risk of authorities entering the market again to slow its decline.
By John Cheng · Bloomberg Markets
The yen’s breach of 160 versus the dollar underscores the Japanese currency’s vulnerability to further weakness and the heightened risk of authorities entering the market again to slow its decline.