YEN SPIKES HIGHER AS INTERVENTION ON THE RADAR OF MARKETS



The yen strengthened suddenly ​against the dollar on Monday with markets on alert for action by authorities following suspected intervention by ‌them last week to bolster the battered currency.

The yen climbed as much as 0.75% to 155.69 before paring gains, with much of the appreciation coming during a nine-minute stretch around midday Singapore time.
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