Yen climbs to 155 per dollar as traders on alert for further intervention

Rally follows US-Japan coordination; finance minister suggests more action possible On July 31, Japan purchased the yen "in coordination with the U.S. Department of the Treasury," Japanese Finance Minister Satsuki Katayama said in a statement on Aug. 3. (Photo by Shintaro Ino) TOKYO — The yen strengthened sharply to the lower 155 range against the dollar on Monday morning, as markets remain wary of further currency interventions by Japan and the U.S.

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