Japanese yen hits fresh 34-year low despite verbal intervention from authorities
cnbc.com/2024/04/25/japanese-yen-hits-fresh-34-year-low-despite-verbal-intervention-from-authorities-.html
The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback.
The weakness comes as the Bank of Japan is due to release its monetary policy decision Friday and in spite of verbal warnings from Japanese authorities.
Some market watchers had speculated that the 155 level would prompt intervention after the…
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