TOKYO -- The yen's sharp appreciation Monday after crossing the 160 mark against the dollar has triggered speculation that Japanese authorities intervened in the market to shore up their home currency.
Japanese currency rebounds by around 5 to dollar after touching new 34-year low

Currency authorities can either buy their home currency to strengthen it, or sell their home currency to weaken it. (Source photos by Nikkei)
TOKYO -- The yen's sharp appreciation Monday after crossing the 160 mark against the dollar has triggered speculation that Japanese authorities intervened in the market to shore up their home currency.