Tag: 160 level,
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Yen hits key 160 level for third session, dollar buoyed by Gulf woes
HONG KONG, June 5 : The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for
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Yen falls to 160 level, prompting warnings from Japanese officials
LONDON, June 3 : Renewed strength in the dollar pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on alert for intervention, as fresh Gulf hostilities bolstered demand for the greenback.The U.S. said Iran launched ballistic missiles
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