Japan Intervention Would Target Five-Yen Rally, Strategists Say
(Bloomberg) -- Japanese authorities would probably target a five-yen rally against the dollar if they decide to intervene in foreign exchange markets, according to strategists at some of the country’s biggest brokerages.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownCrash or Soar? Traders Are Preparing for Stock Market ExtremesTesla Has