Yen tumbles, dollar soars as japan makes a move

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Japan intervenes, the dollar jumps, and Argentines are on a tighter leash - time for your Monday FX Fix. Japan intervened in the market for the second time in three months after the yen hit


a record high. [CNBC] The dollar surged after Japan intervened, but a slew of data and central bank meetings await. [WSJ] The Australian and New Zealand dollars fell after Japan's


intervention. [WSJ] Argentines have been rushing to exchange pesos for dollars, and now they are facing tighter foreign exchange controls to guard against capital flight. [FT]  Gold-risk


correlations are rising, and the metal's direction tends to be inverse of the dollar's. [dailyfx.com] ------------------------------------------- MULTI CURRENCIES VS THE DOLLAR


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