Yen Sinks to Lowest Level Since 1990; it hits 155 per dollar
New York/London. The yen fell against the dollar on Wednesday to its lowest level since the mid-1990s, as markets watched for any signs of intervention by Japanese authorities to shore up its currency. For its part, the dollar rose, recovering against most currencies from declines caused by Tuesday’s data showing that U.S. business activity slowed … Read more