Japan intervened in currency markets earlier this month to try to reverse the yen's climb. The decision to sell the yen and buy the dollar worked initially, sending the greenback toward 80 yen. But the dollar has been weighed down by the dimming outlook for U.S. economy and is back down to mid 76-yen levels.
Investors will be on edge this week as they scrutinize new data on the U.S. economy. But the most anticipated event will be a speech by Federal Reserve Chairman Ben Bernanke at a retreat in Wyoming, sponsored by the Federal Reserve Bank of Kansas City.
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