Yen surges to 157 range per dollar, fueling intervention speculation
CurrenciesJapanese currency spikes to highest level since May after prolonged declineThe yen had been depreciating against the dollar amid fiscal policy concerns and uncertainty surrounding the war in the Middle East. © ReutersNikkei staff writersJuly 30, 2026 23:51 JSTUpdated on July 31, 2026 01:33 JSTTOKYO -- The yen
Instant View: Yen jumps against the dollar, traders alert to Japan intervention
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