Dollar Weakens Against Yen as Japan Signals Possible Intervention

The U.S. dollar weakened against the Japanese yen on Thursday as Japanese officials signaled that currency intervention may be imminent, while ongoing tensions in the Middle East continued to influence global markets. Japanese Finance Minister Satsuki Katayama indicated that the timing for “decisive” action in the foreign exchange market was approaching. The comments sent the…

DOLLAR WEAKENS against THE YEN AS JAPAN SIGNALS INTERVENTION