Nikkei to fall on US worry; FX intervention eyed

Newswire

TOKYO, Aug 22 (Reuters) - The Nikkei stock average is set to fall on Monday and test a new five-month low after the yen rose to a record high against the dollar on Friday amid growing fears of another U.S. recession.

With the dollar hitting a record low of 75.95 yen on Friday before later bouncing back above 76 yen , the Bank of Japan will consider easing monetary policy further, possibly at an emergency meeting before next month's rate review, if further rises in the yen push ...

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