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BUSINESSAug 3 · 12:28 UTCWPLG LOCAL 10 MIAMIBy MAYUKO ONO and ELAINE KURTENBACH, Associated Press

US dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply against the Japanese yen after confirmed market interventions by the U.S. and Japan. The dollar fell from above 163 yen to nearly 155.20 yen following coordinated actions, with U.S. President Donald Trump and Japanese Finance Minister Satsuki Katayama acknowledging the intervention to stabilize the yen.

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US dollar weakens sharply against the Japanese yen after market interventions · The Nexus