Yen drops on ...speculation G7 to maintain intervention
World BusinessMar 21, 2011
The yen fell for a second day on speculation the Group of Seven nations will continue to sell the currency to curb its appreciation.The yen slid against all of its 16 major counterparts, extending losses from March 18 after G7 nations followed Japan’s lead and sold the currency as it reached a postwar high, endangering the recovery from its biggest earthquake. The euro rose versus the yen on prosp