Japan conducts massive yen-buying intervention, Nikkei reports

FILE PHOTO: A Japanese yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo 31 Jul 2026 04:53AM TOKYO, July 31 : Japan conducted massive yen-buying, dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources.U.S. authorities also conducted so-called "rate checks," which are precursors for currency intervention, a sign Tokyo and Washington were working together to prevent yen declines, the paper said on Friday. Source: Reuters