Asian Markets Mixed as Yen Jumps Against Dollar
Asian markets were mixed on Monday after the US and Japan confirmed they had intervened to prop up the value of the Japanese yen against the US dollar.
The dollar fell to around 155.20 yen after Trump and Japanese officials confirmed they had acted last week to curb the US currency's rise to 40-year highs against the yen.
Oil prices, meanwhile, slipped more than 5% after President Donald Trump said he would order US forces to refrain from attacks against Iran, citing a deal to end fighting in the Middle East as close.