Japanese yen hits fresh 34-year low despite verbal intervention from authorities


by CNBC

CNBC— The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.

the deep dive—Max Keiser Warns of Impending Crisis as Japanese Yen Hits 34-Year Low Against Dollar. Financial commentator Max Keiser has raised concerns about the potential fallout from the Japanese yen’s recent plunge to its lowest

Barron's—Yen Surges In Rebound From 34-year Low Against Dollar. The yen surged against the dollar Monday after earlier hitting a 34-year low against the greenback. The Japanese unit strengthened to 155.05...

Japan Today—Yen sinks to 34-year low past 160 per dollar. The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. The greenback bought 160.17 yen in morning trade -- its weakest since 1990 -- fanning speculation that Japanese authorities would step