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macroSep 4, 2026, 12:00 AM

Yen Interventions Near Monthly as US Steps In

The Japanese yen remains under pressure, with official support operations occurring almost every month and the US reportedly now helping to stabilize the currency.

USDJPY

The Japanese yen is still showing signs of strain, and official support operations have become a near-monthly event. According to The Kobeissi Letter, the United States is now also stepping in to help stabilize the currency.

The publication’s latest analysis reviews the major yen interventions seen so far in 2026. It argues that Japan is a preview of what could happen to the United States if deficit spending and inflation are not brought under control, adding that healthy markets do not normally require regular intervention.

Source: The Kobeissi Letter