Yen intervention sparks overnight rally to 157 then slips back into 160s as dollar demand returns Yen intervention triggered an overnight rally to the 157 level, but the yen slid …
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Japanese yen jumps after Tokyo intervenes then retreats toward 160
by Sato Asahiby Sato AsahiYen intervention lifts currency to about ¥158 overnight before slipping back to ¥160 as Tokyo trading resumes Japan’s suspected yen intervention briefly pushed the currency to the ¥158 range overnight, …