The Latest: Yen rises sharply, stoking talk of intervention
February 11, 2016 at 04:14 AM EST
LONDON— The latest on the turmoil global financial markets:. Lee Hardman, currency strategist at Bank of Tokyo-Mitsubishi UFJ, says the yen's rise is fuelling speculation that the Japanese authorities could intervene directly to dampen volatility. That could involve the Bank of Japan buying dollars and selling yen.