Japan and US Confirm Rare Joint Intervention to Prop Up Yen

PUBLISHED Aug 3, 2026, 5:06 AM ET

Japan and the United States confirmed a rare, coordinated currency market intervention on Monday to halt the Japanese yen's slide to 40-year lows. Japanese Finance Minister Satsuki Katayama prepared statements confirming that Tokyo and Washington cooperated in currency markets to curb record lows, marking the first joint intervention since 2011. U.S. President Donald Trump publicly stated that Washington assisted in propping up the Japanese currency as a sign of friendship and to support the broader global economy. The intervention triggered an immediate surge in the yen, leaving international currency traders on high alert for further authorized market maneuvers. Japan Joins Forces with the US to Prop Up the Plummeting YenThis video provides an overview of the historic U.S.-Japan joint intervention to stabilize the yen after its 40-year low

By Emily Rhodes | JQJO News

Media Bias

Articles Published:: 20
Right Leaning:: 2
Left Leaning:: 1
Neutral:: 17

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Left: Met l'accent sur la coopération internationale et la stabilisation des marchés économiques mondiaux. Center: Rapporte les actions coordonnées des gouvernements et les réactions immédiates des marchés des changes de manière factuelle. Right: Met en évidence les décisions de leadership exécutif et la stratégie économique nationale soutenant les alliés.