Yen Nears 40-Year Low as Traders Test Tokyo’s Intervention Resolve
Yen Pinned Near 40-Year Low as Traders Challenge Tokyo’s Intervention Resolve Market Reactions and Currency Movements By Rae Wee Yen Weakness and Intervention Speculation SINGAPORE, July 7 (Reuters) – The yen weakened anew on Tuesday as traders grew emboldened to push the currency lower with no sign yet of intervention by Japanese authorities, though the…