Yen firms amid intervention chatter, trading subdued on US holiday
However, the yen remained close to last week’s almost eight-month low of 145.07 per dollar, which prompted Japan’s Finance Minister Shunichi Suzuki to warn against excessive yen selling. Market activity was relatively subdued with U.S. markets closed for the July 4 public holiday. Investors were also waiting for Friday’s U.S. non-farm payrolls employment report which could influence the Federal Reserve’s next decision.
