Yen hits new lows even after Japan steps up verbal intervention

South Korea’s won reaches lowest level since 2009 as selling in Asian currencies picks up steam The yen fell further against the dollar on Wednesday, leaving it down a fifth this year as Japan’s government stepped up its verbal intervention … Read More

Yen plunges as traders add risk for future with vaccine, Biden

posted in: Far East, News

NEW YORK (Reuters) – Traders unloaded Japanese yen and bought riskier currencies and the U.S. dollar on Monday as market confidence in the economy and world trade increased with progress on a COVID-19 vaccine and the prospect of Joe Biden … Read More