The Yen Falls to Record Low Against the Dollar, Fueling Speculation of Japanese Intervention The yen plummeted to an unprecedented 34-year low against the dollar, breaching the pivotal ¥160 level. The sharp decline has bolstered expectations that the Japanese authorities may step in to intervene in the market later this week. Bank of Japan’s Unchanged … Continue reading Yen Plummets to 34-Year Low against Dollar, Raises Speculation of Japanese Intervention