Yen climbs for third straight session with traders on alert for intervention

Aug 3 : The yen rose for a third straight session on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan's currency.Meanwhile, oil prices sank more than $4 a barrel after U.S. President Donald Trump held back from a fresh attack on Iran, undermining support for the safe-haven greenback. Iran said it is not currently holding talks with the United States.Rising energy prices are expected to weigh more heavily on the economies of the euro zone and Japan, both large energy importers, while the United States is seen as relatively insulated from oil shocks.Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance minist