US dollar

THE BROAD VIEW

US intervention of the yen revives currency diplomacy as a geoeconomic tool

2026-08-07T07:00:00.000Z
The intervention helped lift the yen from a near two-year low of 160.725 per dollar to around 155 by May 6, but did not reverse the currency’s broader downtrend.

Japan’s April yen intervention set daily record as pressure persists

2026-08-07T03:53:58.000Z
ECB president Christine Lagarde (pictured) and US Treasury Secretary Scott Bessent spoke about the transaction on Aug 1 after the US’ Jul 31 trade had been executed.

US sale of euros for yen intervention blindsided Europe: report

2026-08-07T03:50:15.000Z
US and Japanese officials have warned investors they’re determined to keep defending the yen if needed.

Yen surrenders nearly half its gains from US-Japan intervention; traders speculate on fresh action

2026-08-07T02:39:39.000Z
Markets remained watchful amid reports of a proposed deal between Iran and Oman that could give Teheran control over inbound traffic through the Strait of Hormuz.

US dollar ticks up as markets await Iran deal news, look towards payrolls

2026-08-06T11:57:09.000Z
In a recent poll, nearly 95% of respondents said future Japanese currency interventions alone would not sustainably curb the currency’s weakness.

Yen struggles to keep intervention gains; US dollar near 6-week low on Iran deal concerns, payroll jitters

2026-08-06T06:51:16.000Z
US Treasury Secretary Scott Bessent says the US would do “whatever it takes” to support Japan’s efforts to stabilise the yen.

Yen drifts after intervention whirlwind; Iran optimism dents US dollar

2026-08-05T13:38:27.000Z
A money changer with an image of the US dollar in Cairo. When it is realised the greenback is no longer the reserve currency it was, a search will start for an alternative, and reserve diversification will gather steam.
THE BOTTOM LINE

The real message in the yen intervention

2026-08-05T09:05:33.000Z
The yen has given back some of its gains after hitting a three-month high of 155.20 against the greenback.

Yen slips but holds intervention gains; traders alert to more action

2026-08-04T12:20:15.000Z
The sudden surge in the yen on Aug 3 stirred speculation that Japanese authorities had intervened again, though officials offered no confirmation.

Yen clings to gains from US-Japan currency intervention as traders stay alert to more

2026-08-04T02:13:14.000Z