NEW YORK/TOKYO -- The yen strengthened to 153.10 to the dollar at its peak on Wednesday following the U.S. Federal Reserve's decision to keep interest rates steady, sparking speculation about another intervention by the Japanese government and the Bank of Japan.
Currencies
Yen's surge after Fed announcement stirs fresh intervention talk
Data suggests authorities possibly pumped in $19bn to prop up yen
The U.S. Federal Reserve has held off on a rate cut amid sticky inflation. © Reuters
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