Japan risks Trump’s ire as Iran war fallout sparks currency intervention

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Japan risks Trump’s ire as Iran war fallout sparks currency intervention

Bird's-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images The Japanese yen surged against the dollar on Friday, extending gains that came the …

Bird's-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images The Japanese yen surged against the dollar on Friday, extending gains that came the previous day after officials in Tokyo said they stood ready to intervene in the foreign exchange market. Friday saw the Japanese currency rise as much as 0.7% versus the greenback, extending a Thursday rally that saw it jump by as much as 3% against the dollar. By 5:35 a.m. …

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