Yen Spikes to 10-Week High and Sparks Intervention Chatter

(Bloomberg) -- Sharp moves in the Japanese yen that sent the currency to a 10-week high are renewing speculation that the country is intervening in the market. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealIran Evaluating US Proposal to End War as China Calls for PeaceThe yen surged