The US dollar rose to 155 yen for the first time since February, possibly prompting verbal intervention from Tokyo.

The yen to dollar exchange rate fell to 155, hitting a new low since February this year, which is expected to prompt Tokyo officials to take verbal intervention to curb the decline in the exchange rate. In early trading on Wednesday in New York, the yen briefly fell by 0.6% to 155.04 yen per dollar, before slightly rebounding. Market concerns that if this trend continues, it may trigger intervention by the Japanese government.