MORNING BID EUROPE-Yen on intervention watch, Riksbank awaited
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A gradual tick lower in currency markets would not normally
ruffle many feathers, but the yen’s tentative foray to the cusp
of 152 per dollar for the first time since 1990 was enough to
draw immediate warnings from Japan’s finance minister of
“decisive steps” to tame “disorderly” moves.
ruffle many feathers, but the yen’s tentative foray to the cusp
of 152 per dollar for the first time since 1990 was enough to
draw immediate warnings from Japan’s finance minister of
“decisive steps” to tame “disorderly” moves.
