Yen Languishes Near Multi-Decade Low Amid Looming Intervention Risks

The Japanese yen remained near a 38-year low on Thursday, struggling to stay above 160 per dollar, as market participants closely monitored potential intervention from Japanese authorities to stabilize the currency. Market Overview In the broader market, the U.S. dollar pared some of its gains from the previous session as U.S. Treasury yields eased slightly. […]