US dollar weakens sharply against the Japanese yen after officials intervene in markets AP NewsWhy the U.S. stepped in after decades to prop up Japan's yen — and what's at stake CNBCWhy has Trump stepped in to prop up Japan's currency? The GuardianThe US has stepped in to buy Japanese yen. Why? CNNU.S. dollar falls
Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen.
