2026-08-03 08:55:23 am | Source: Reuters
Dollar suddenly falls against yen, traders on alert for further intervention
The dollar suddenly dropped against the yen on Monday, reversing gains made earlier in the session, keeping traders on alert for further intervention by authorities to shore up the Japanesecurrency.
The dollar fell 0.6% against the yen to an intraday low of 156.50 in the Asian morning, after Japan confirmed it had engaged in joint yen-buying intervention with the United States on Friday.
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