Dollar Strengthens Against Yen Despite Japan's Intervention Threats On Tuesday, the U.S. dollar saw a slight decline overall but gained strength against the Japanese yen amidst ongoing expectations of significant interest rate differentials. Despite recent warnings from Japanese officials about potential interventions to support the yen, the U.S. dollar’s resilience highlights the anticipation of continued disparity in monetary policies. Japan’s top currency diplomat, Masato Kanda, indicated the possibility of taking action against disorderly, speculative foreign exchange movements, following two suspected interventions last week that totaled nearly $60 billion. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yellen Puts China on Notice: U.S. Industries Must Be Protected READ MORE BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE ZeroHedge: Two Cheers for Vivek Ramaswamy's Commentary on the Fed READ MORE Rethinking the 60/40 Strategy: BofA Suggests Commodities as the New Fixed Income READ MORE Consumer Spending Defies Inflation Fears, Jumps 0.7% in March READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment