The yen sat on the stronger side of 150 per dollar on Wednesday, after an unexpected surge in the previous session stoked speculation that Japanese authorities could have intervened to support the currency. The Japanese currency was last marginally lower at 149.17 per dollar in early Asia trade, after having jumped nearly 2% at one…
Oil steadied ahead of an OPEC+ review of the global crude market and a weekly update of US stockpiles. West Texas Intermediate was little changed near $89 a barrel, after the US benchmark swung by more than $2.50 a barrel on Tuesday before ending modestly higher. The alliance’s Joint Ministerial Monitoring Committee convenes online later Wednesday, but…
The yen rose slightly on Wednesday, moving away from the closely watched 150 per dollar mark, after a short-lived surge in the previous session stoked speculation that Japanese authorities could have intervened to support the currency. The Japanese currency was up around 0.12% at 148.93 per dollar in early European trading, after unexpectedly surging nearly…
