Yen Pinned near 40Year Lows as Intervention Risks Mount

Market focus on Fed minutes this week, inflation next week South Korean won starts landmark 24hour spot trading Yen drifts near intervention zone, keeping traders wary SINGAPORELONDON, July 6 Reuters The Japanese yen floundered around fourdecade lows on Monday, raising the risk of official intervention, while the dollar steadied after last week39;s soft jobs report lessened the odds of an imminent interest rate hike. The yen last traded around 162.26 per dollar, not far from last week39;s low of