NEW YORK (Reuters) – The greenback surpassed the symbolic stage of 150 yen for the primary time since 1990 on Thursday, whereas the British pound turned destructive in uneven buying and selling after Liz Truss mentioned she would resign because the United Kingdom’s prime minister.
The Japanese forex dipped sharply from an interim excessive of 150.09 reached in in a single day buying and selling, tumbling to 149.63 inside a minute, which raised hypothesis that the Ministry of Finance and Bank of Japan may be making stealth interventions at key ranges.
READ:Liz Truss resigns after six weeks as UK prime minister
The yen rebounded to hit new 32-year highs in afternoon buying and selling in New York, nonetheless, getting as excessive as 150.25. It l…
Keep on studying: Yen hits weakest stage since 1990, pound down after PM broadcasts resignation