TOKYO -- The yen sharply appreciated against the dollar on Thursday, temporarily reaching a one-month high, following pressure by powerful figures in the U.S. and Japan.
Comments by Trump on Taiwan, Fed on rates drive up yen; exporters, chip stocks fall

The yen's appreciation follows recent likely BOJ interventions to save the currency, which had been dipping past 160. (Photo by Nanami Sato)
TOKYO -- The yen sharply appreciated against the dollar on Thursday, temporarily reaching a one-month high, following pressure by powerful figures in the U.S. and Japan.