Intervention back on investors’ radars as yen weakens against dollar
[ad_1] The risk of intervention has swung back into sharp focus for investors as they ready for the yen to weaken back to ¥150 against the dollar and beyond.The Japanese currency dropped as far as ¥149.98 on Monday after two consecutive weeks of declines. It had the worst loss since 2009 in the five days through Oct. 4. The prospect of further depreciation in the currency is prompting strategists to […]