Yen jumps versus dollar after pulling back from intervention moves
The Japanese yen rose sharply against the U.S. dollar on Wednesday after retracing about half of gains following a rare U.S.-Japan joint intervention at end-July. The driver was unclear.
By Karen BrettellThe Japanese yen gained sharply against the U.S. dollar on Wednesday after having retraced approximately half of the increases made following a rare joint intervention by the U.S. and Japan at the end of July.It was not immediately clear what prompted the move.
The yen, which had r…