The dollar’s recent five-month appreciation versus the euro appears to have topped out, reversing the dollar’s move toward parity. … READ MORE >
Japanese yen
Japan intervenes in the currency market
With the yen in freefall, Japan on Thursday took the unusual step of intervening in currency markets to prop up its value. … READ MORE >
Are we entering an era of central bank intervention in currency markets?
Central banks may be reconsidering their long-held reluctance to intervene in currency markets, notably the Japanese yen. … READ MORE >