Yen at 11-Month Low Due to Robust Dollar, Concerns Over Intervention Risks

The dollar rose against the yen to an almost 11-month high on Monday, keeping traders focused on intervention risks after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultra-loose monetary policy. The dollar steadied after last week’s gains in the broader currency market. The Federal … Continue reading Yen at 11-Month Low Due to Robust Dollar, Concerns Over Intervention Risks