Dollar Weakens as Yen Rises Amid Intervention Talk and Economic Data
The U.S. dollar fell to a one-week low as the yen rallied on speculation that Japan may intervene in the foreign exchange market. Japanese Finance Minister Satsuki Katayama hinted at potential intervention, while lower oil prices and weaker-than-expected U.S. economic data contributed to the dollar's decline.
Topics: Dollar Forex intervention GDP Inflation Jobless claims US-Iran tensions Yen