The yen traded near its lows in the New York foreign exchange market. It was reported that concern remained strong over official intervention to curb yen weakness during Japan's holiday period.
The yen traded near its lows in the New York foreign exchange market. Concern over intervention to curb yen weakness reportedly remains strong as Japan enters its holiday period.
Dollar/yen rose from ¥157.20 to ¥157.49, reaching the upper end of the day's range. Euro/yen rose to ¥180.80 before retreating to ¥180.66, but remained elevated. Pound/yen traded near its intraday highs, reaching around ¥210.70.