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As the Yen Approaches the 160 Threshold, the Possibility of Intervention Is on the Agenda – Gazetebanka
The yen rose to 159.78 against the dollar, nearing 160, as investors discuss intervention by the Bank of Japan (BoJ) and the Federal Reserve (Fed). Iranian risks and rising oil prices are increasing market volatility. In European markets, the yen deepened its losses against a basket of major and minor currencies, while recording brief gains against the dollar. In today's session, the yen rose from 159.43 at the open to 159.78; the session's low …
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The yen rose to 159.78 against the dollar, nearing 160, as investors discuss intervention by the Bank of Japan (BoJ) and the Federal Reserve (Fed). Iranian risks and rising oil prices are increasing market volatility. In European markets, the yen deepened its losses against a basket of major and minor currencies, while recording brief gains against the dollar. In today's session, the yen rose from 159.43 at the open to 159.78; the session's low …
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