Skip to main content
BTC / USDT———ETH / USDT———SOL / USDT———BNB / USDT———XRP / USDT———DOGE / USDT———TON / USDT———AVAX / USDT———LINK / USDT———ADA / USDT———TRX / USDT———DOT / USDT———BTC / USDT———ETH / USDT———SOL / USDT———BNB / USDT———XRP / USDT———DOGE / USDT———TON / USDT———AVAX / USDT———LINK / USDT———ADA / USDT———TRX / USDT———DOT / USDT———
Visualize
Charts12 chart types: candlestick, Renko, P&F, deltaIndicators123 built-in, Barometer, no marketplaceDrawing tools82 tools: Fibonacci, Gann, Elliott, harmonicsPatterns59 candle, 19 chart and 9 harmonic patterns, auto-detected
Screen & automate
ScannerMulti-timeframe screening, 140 rulesStrategyBacktest with slippage and commissions, 40 presetsAuto-tradingWebhook, signal, DCA and grid bots
Build & practice
Any Script Converter6 languages, one clickPaper trading$10K virtual account, zero riskModules9 professional analysis modules
Open the terminal Multi-pane chart workspace. No install, free paper account.
How TW coins worksEarn TW coins for lessons, ideas, broker reviews and a daily habitLeaderboardWeekly traders ranking, resets every MondayLearn tradingLessons, quizzes and rewards TW coinsTW coinA loyalty score inside the product: earned for lessons, ideas and a daily habit. TW Coins are not money and cannot be bought, transferred or withdrawn.
Best BrokersCompare regulated forex, crypto, and stock brokers based on TW Score, regulatory status, and trader reviews.Brokers NewsCompany announcements and press releasesFind my brokerAnswer a few questions and see the brokersCompare brokersPick up to 4 brokers and compare themTrading calculatorsWork out pip value, position size and marginBroker regulatorsFinancial regulators grouped by grade and jurisdiction, and the brokers licensed by each
DocsConcepts and referenceIdeasLatest from the communityJournalLongreads, analytical articlesResearchMethod breakdowns on historical chartsProduct UpdatesNew features, releases and platform updatesWeb3 toolsLaunch and manage tokens without code
Pricing
Get started→
fxAug 3, 2026, 6:52 AM

Joint Yen Intervention May Mark Turning Point, Says MUFG Analyst

The Japanese yen strengthened sharply, with USD/JPY falling from near 164 after suspected intervention by Japan’s Ministry of Finance and confirmed coordination with the US, according to MUFG’s Michael Wan.

USDJPY

MUFG analyst Michael Wan notes a sharp appreciation in the Japanese yen following intervention by Japan’s Ministry of Finance. USD/JPY dropped from around 164, with the move reportedly coordinated with US authorities.

The joint action is seen as a potential turning point for the yen, which has been under sustained pressure. Suspected intervention triggered the initial slide, later confirmed to involve cooperation between the two finance ministries.

The analyst suggests that such coordinated efforts may alter market dynamics, although no specific forecasts were given. The yen’s rally highlights the authorities’ readiness to act against excessive weakening.

Source: FXStreet Forex News