TOKYO -- The yen tumbled to 120 against the dollar on Tuesday for the first time in more than six years, as traders reacted to a hawkish remark from U.S. Federal Reserve Chairman Jerome Powell.
BOJ's Kuroda reiterates loose monetary policy, rallying yen bears
The Japanese yet hit its weakest level in six years on March 22. © Reuters
TOKYO -- The yen tumbled to 120 against the dollar on Tuesday for the first time in more than six years, as traders reacted to a hawkish remark from U.S. Federal Reserve Chairman Jerome Powell.