JPY: The pair definitely took the center stage today, after hitting record high of 75.31 this morning in thin trading, MOF/BOJ stepped up and intervened to sell yen at 01:25GMT, although the greenback retreated once after running into offers from exporters ahead of 79.00 level, Japanese officials showed their they ...

Japanese yen dives sharp today as Japan intervened for the third time this year. That sent USD/JPY steeply up from record low of 75.56 to as high as 79.50 within two hours. And judging from the price actions, the intervention was done in multiple shot and has been quite persistent. ...