MacroAug 2, 2026, 9:04 AM

Japan and U.S. Coordinated Yen-Buying Intervention After 40-Year Low

Japan is expected to announce a coordinated intervention with the U.S. to support the yen after it hit a 40-year low, with an estimated $59 billion already spent on the operation.

USDJPY

Japan is expected to announce on Monday that it coordinated with the United States to buy yen in currency markets, seeking to halt a slide that pushed the currency to a 40-year low.

The joint yen-buying operation comes after estimates suggest Tokyo already deployed nearly $59 billion in intervention funds.

Source: First Squawk

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