Yen slides back to 160 against dollar after possible intervention

CurrenciesFast overnight gain fades as commercial dollar demand persists ahead of BOJ meetingThe yen surged against the dollar, apparently due to intervention late Thursday night. © ReutersAKANE OKUTSU and JADA NAGUMOJuly 31, 2026 12:10 JSTTOKYO -- The yen slipped back into the 160 range against the dollar in Tokyo on

Japanese Yen Jumps to 2-Month High Versus Dollar in Possible Intervention  wsj.com

LONDON, July 30 : The yen rose sharply against the dollar on Thursday, in a move so rapid and large in its scale that it alerted traders 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 curre