Yen gets a lift as verbal intervention picks up, dollar heads for weekly rise
Yahoo Finance·2025-11-21 13:13
By Ozan Ergenay and Rae Wee LONDON (Reuters) -The yen found some support on Friday as Japanese officials stepped up their verbal intervention to stem the currency's decline, while the dollar was on track for its biggest weekly rise in six weeks. The yen popped higher after Japanese Finance Minister Satsuki Katayama said intervention was a possibility to deal with excessively volatile and speculative moves, leaving traders on alert for signs of yen buying from Tokyo. "The warning overnight from the Jap ...