Why yen intervention had limited impact: Market doubts over Japan's policy

CurrenciesDeclining confidence in Tokyo's economic agenda keeps currency under pressureCoordinated intervention by Japan and U.S. central banks is proving to have limited effectiveness. (Nikkei montage/source photos by AP)YOSHINARU SAKABEAugust 8, 2026 06:38 JSTTOKYO -- Last week's market intervention by Japan and the

The coordinated involvement from the Treasury and BoJ had initially lifted the yen as low as 155 to the dollar, down from just above 163 beforehand.