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Speculation Mounts Japan to Buy Yen, Perhaps With US Help
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Speculation Mounts Japan to Buy Yen, Perhaps With US Help

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Speculation mounted into the weekend that Japanese authorities could be preparing to enter currency markets in a bid to halt the yen’s slide, possibly with the rare assistance of the US.

Speculation mounted into the weekend that Japanese authorities could be preparing to enter currency markets in a bid to halt the yen’s slide, possibly with the rare assistance of the US. The yen rallied as much as 1.75% to 155.63 per dollar on Friday... [254 chars]

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Source: Bloomberg.com

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