Trump says Japan wanted US currency intervention to support yen

WASHINGTON (AP) -- The United States recently intervened in the currency market to support the weakening yen at the request of Japan, President Donald

CurrenciesFriday's move was first joint forex action by two countries since 2011The yen was trading near a 40-year low against the dollar before the intervention. (Photo by Akira Kodaka)Nikkei staff writersAugust 2, 2026 23:41 JSTUpdated on August 3, 2026 07:04 JSTTOKYO -- Japan and the U.S. conducted a coordinated int

History of Japan's intervention in currency markets  Reuters

LONDON, July 30 : The yen surged against the dollar on Thursday, in a move so rapid and large in its scale that it alerted investors to the prospect of intervention by Japan to prop up its weak currency. Markets have been on alert for yen-buying by Japanese authorities, who have warned of action for months as currency