Yen Rebounds Strongly After First Slide Past 160 Since 1990
(Bloomberg) — The yen swung in holiday-thinned market conditions, punching through 160 per dollar to its weakest in 34 years before rebounding strongly and raising speculation authorities may have intervened. Most Read from Bloomberg The Japanese currency dropped as much as 1.2% to 160.17 per dollar early on Monday before heading into the other direction