TOKYO -- Japan has intervened at least twice in two months in the currency market to try to halt a sell-off in the yen, taking one of the most dramatic global actions yet this year against a strong dollar.
Tokyo believed to have acted alone in recent moves to stabilize weakening yen
The consensus needed for a coordinated foreign-exchange intervention appears harder to come by now than during past periods of dollar strength.
TOKYO -- Japan has intervened at least twice in two months in the currency market to try to halt a sell-off in the yen, taking one of the most dramatic global actions yet this year against a strong dollar.