The U.S. dollar was firmer against the yen but remained top-heavy in the upper 156 yen range on April 30 in Tokyo, as fears of intervention strengthened a day after Japanese authorities are suspected to have stepped in to stem the yen's slide.
The U.S. dollar was firmer against the yen but remained top-heavy in the upper 156 yen range on April 30 in Tokyo, as fears of intervention strengthened a day after Japanese authorities are suspected to have stepped in to stem the yen's slide.
The yen briefly drops to the 160 level against the U.S. dollar in Singapore trading, setting a new 34-year low in volatile trading amid fears of intervention by Japanese authorities to stem the yen's slide.
Finance Minister Shunichi Suzuki says there is no change "at all" in the government's stance that it will act appropriately with regard to the yen's value after it slipped past 155 to the U.S. dollar.
The yen weakens to the 155 range against the U.S. dollar in London, hitting a fresh 34-year low, amid expectations the Federal Reserve will keep interest rates elevated for longer than projected.