Hopefully, this is just only a hiccup.
Jiji Press reported:
Tokyo, May 23 (Jiji Press)--The dollar sagged below 110 yen in Tokyo trading on Monday after U.S. Treasury Secretary Jacob Lew warned against possible yen-selling intervention by Japan at a weekend meeting with Japanese Finance Minister Taro Aso.
At 5 p.m., the dollar stood at 109.51-56 yen, down from 110.27-28 yen at the same time Friday.To read more, go here.
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