Dollar suddenly falls against yen, traders on alert for further intervention
Tweet
Share
E-mail
FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
SINGAPORE, Aug 3 (Reuters) - The dollar suddenly dropped against the yen on Monday, reversing gains made earlier in the session, keeping traders on alert for further intervention by authorities to shore up the Japanese currency.
The dollar fell 0.6% against the yen to an intraday low of 156.50 in the Asian morning, after Japan confirmed it had engaged in joint yen-buying intervention with the United States on Friday.
(Reporting by Rae Wee; Editing by Clarence Fernandez)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Britain seeks compromise over blocked Orange Order march in Northern Ireland
- Analysis-From pickups to idle plants: automakers seek lifeline from defence boom
- Swedish opposition leader Andersson says she cannot form government in current situation
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
