Yen hits three-month high after Trump helps prop up currency
by Graeme Wearden from US news | The Guardian on (#77DXB)
US and Japanese governments confirm they carried out a rare joint intervention late last week
The yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency.
The yen strengthened to 155 to the US dollar on Monday, its highest level since early May, after Tokyo and Washington confirmed they had carried out a rare joint currency intervention late last week.
Continue reading...