Intervention

warning: Creating default object from empty value in /usr/www/users/isport/forexsmartwealthcreation/modules/taxonomy/taxonomy.module on line 1390.

Yen Nears Intervention Level

The euro jumped against the dollar to its highest since February on Tuesday as concerns about further U.S. quantitative easing overshadowed an unexpected interest rate cut from the Bank of Japan.

In volatile trading the yen fell close to the level that triggered the Bank of Japan's September 15 intervention.