In the foreign exchange market, the yen temporarily strengthened sharply against the dollar, moving by more than ¥2. Market participants pointed to the possibility of currency intervention by the government and the Bank of Japan.
In the foreign exchange market, the yen temporarily strengthened sharply against the dollar.
Market participants pointed to the possibility of currency intervention, and attention is focused on the response of the government and the Bank of Japan. The market is closely watching developments from here.
The move is based on breaking news, and reports on the timing and scale of any specific intervention are still awaited.