finance
Dollar/Yen Surges to 158.96, Highest Since September 2, as Intervention Risks Mount
The dollar climbed 0.42% against the yen to 158.96, briefly touching 158.98—its highest since September 2—defying the Bank of Japan (8301.T)'s recent rate hike. The move reflects a persistent U.S.-Japan yield gap and doubts over further…
By Lila Merrick