Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Yen clings to intervention gains as traders stay alert to more

The yen held on to most of its intervention-driven gains on Tuesday, after last week's joint action by Tokyo and Washington to shore up the currency kept speculators wary of rebuilding bearish positions.

The yen weakened slightly in early Asia trade and was down 0.1% at 157.35 per dollar, having touched a three-month high of 155.20 in the previous session, though it remained well above its 40-year low.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.