Japanese Yen Slides Toward Two-Year Low as Tokyo Repeats Intervention Warning

The Japanese yen returned to the defensive on Monday, moving closer to a two-year low as the dollar drew support from higher U.S. yields and the Federal Reserve’s tougher policy message. USD/JPY advanced 0.25% to ¥161.61 after opening at ¥161.22. Friday’s modest recovery had ended a five-session losing streak, but it failed to produce lasting […] Read The Full Article Japanese Yen Slides Toward Two-Year Low as Tokyo Repeats Intervention Warning On Coin Edition.