US Dollar Slips Against Yen, USD/JPY Trades at 160.57
Hyperdash NewsFXThe U.S. dollar slipped 0.3% against the Japanese yen, with the USD/
The yen's appreciation follows comments from Finance Minister Satsuki Katayama, who reiterated that authorities are prepared to intervene to support the currency. This comes amid thin liquidity during the U.S. holiday weekend. The yen also drew support from a weaker dollar after softer-than-expected U.S. jobs data reduced expectations for Federal Reserve rate hikes. Since this news broke,
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