Japan, US carried out joint forex intervention Friday for 1st time since 2011

CurrenciesTokyo and Washington saw eye to eye on halting yen weaknessU.S. Treasury Secretary Scott Bessent, left, and Japanese Finance Minister Satsuki Katayama. (Source photos by Reuters, Nikkei)Nikkei staff writersAugust 2, 2026 23:41 JSTTOKYO -- Japan and the U.S. conducted a coordinated intervention to support the yen on Friday, government sources said Sunday, the first time since 2011 that the two countries stepped in together to move the currency market.