Yen falls to lower 155 zone vs. dollar after suspected intervention

The yen slipped to the lower 155 range against the U.S. dollar on Thursday in Tokyo after another suspected yen-buying intervention by Japanese authorities sent the currency to as high as 153 overnight.At 5 p.m., the dollar fetched 155.48-51 yen compared with 154.55-65 yen in New York and 157.88-90 yen in Tokyo at 5 p.m. Wednesday.The yen gave up some gains as Japanese importers bought the dollar, dealers said. The yen was hovering in the upper 157 zone before the authorities apparently conducted an operation to arrest the yen's decline for the second time this week.The latest move followed…READ FULL ARTICLE