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US and Japan Coordinate Yen Intervention to Stabilize Currency

The United States and Japan confirmed a coordinated intervention in the currency market to support the yen, with both nations signaling readiness for further action. This move aims to halt the yen's slide and stabilize its value against the dollar.

2 Aug, 16:19 — 3 Aug, 01:14
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14 sources33/33
Spectrum spread5/5 buckets covered33/33
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NYT
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Left (4)
cnbcglobe-and-mailFrance 24Yahoo
Center3
Center (3)
bloombergNHK WorldReuters
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Right (5)
channel-news-asiawsjsvenska-dagbladetle-figarotimes-uk
Far R1
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zerohedge
Geographic diversity8 regions34/34
US6France2Japan1Singapore1Canada1Sweden1Intl1UK1

Sources

Showing 11 of 14 sources
ReutersVery High3h ago

Japan to vow coordination with US on weak yen in historic battle - Reuters

Japan to vow coordination with US on weak yen in historic battle  Reuters

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bloombergHigh47m ago

Yen Traders Brace for Intervention as Trump Backs Japan

The yen advanced sharply on Monday amid high alert in markets for more intervention after Japan and the US confirmed that they had conducted coordinated operations last week. Oxford Economics Head of Asia Economics Louise Loo shares what we know about the developments. (Source: Bloomberg)

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NYTMostly Factual1h ago

U.S. and Japan Coordinated to Help Stabilize the Yen

U.S. and Japanese officials confirmed on Sunday that the Treasury Department had moved last week to help the currency.

By Joe Rennison and Kiuko Notoya

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wsjHigh2h ago

Yen Weakens Slightly on Likely Technical Correction - WSJ

Yen Weakens Slightly on Likely Technical Correction  WSJ

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times-ukMostly Factual9h ago

US and Japan stage intervention to prop up yen - The Times

US and Japan stage intervention to prop up yen  The Times

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cnbcMostly Factual1h ago

U.S., Japan confirm coordinated yen intervention, signal readiness for more

Japan's Finance Ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.

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globe-and-mailHigh2h ago

Japan confirms joint intervention with U.S. in bid to halt yen’s slide - The Globe and Mail

Japan confirms joint intervention with U.S. in bid to halt yen’s slide  The Globe and Mail

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France 24High2h ago

Trump says US backed Japanese Yen in rare currency intervention

President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in nearly three decades.

By FRANCE 24

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YahooMostly Factual5h ago

Japan to vow coordination with US on weak yen in historic battle

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channel-news-asiaMostly Factual1h ago

Bessent ready to repeat joint yen intervention, urges bigger Fed backstop

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zerohedgeLow5h ago

Japan, Bretton Woods 2.0, & The End Of The Carry Era

Japan, Bretton Woods 2.0, & The End Of The Carry Era Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s weakness, a person familiar with the situation told Bloomberg. Satsuki Katayama The content of the announcement is still being worked on but could happen as early as Monday morning, the person said, declining to be identified as the information ...

By Tyler Durden

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