Yen firms from 149 to 145 range vs. dollar on apparent intervention
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The yen jumped from the upper 149 range to the upper 145 zone against the U.S. dollar early Monday in Tokyo, apparently lifted by another yen-buying intervention conducted by Japan for the second time since late last week in New York. At 9 a.m., the dollar fetched 147.64-67 yen compared with 147.74-84 yen in New York and 150.47-49 yen in Tokyo at 5 p.m. Friday. The euro was quoted at $0.9860-9862 and 145.57-63 yen against $0.9858-9868 and 145.44-54 yen in New York and $0.9787-9789 and 147.27-31 yen in Tokyo late Friday afternoon. In New York on Friday, the Japanese authorities stepped into the...