The yen rose sharply on Friday, briefly reaching the mid-155 level from the lower 157 range, amid a cautious mood a day after an around 5 yen surge overnight on possible intervention. At 4 p.m., the dollar fetched 155.91-92 yen, compared with 156.58-68 yen in New York and 160.13-15 yen…

LONDON, May 1 : The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.The dollar fell by as much as 0.66 per cent to a session low of 155.60 from 157.12 earlier. The yen rose by as much as 3 pe

LONDON, May 1 : The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.The dollar fell by as much as 0.66 per cent to a session low of 155.60 from 157.12 earlier. The yen rose by as much as 3 pe

TOKYO, May 1 : The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows.Investors remained on high alert for further intervention from Japan's Ministry of Fi

TOKYO, May 1 : The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows.Investors remained on high alert for further intervention from Japan's Ministry of Fi