TOKYO -- Japan's first direct yen-buying intervention in 24 years sent the currency rebounding Thursday from its slump beyond 145 to the dollar, but many market watchers are questioning whether even this last resort will have a real impact on its trajectory.
Currencies
Without rate hike, impact of Japan's yen intervention likely limited
Tokyo stands by easy monetary policy as U.S. tightens, weakening currency
The yen jumped dramatically against the dollar after Japan's intervention, but how long that will last remains unclear. © Kyodo
Read Next
Latest on Currencies
