Japan and US reportedly launch joint intervention to support struggling yen
Nexus Europa Newsroom
Posted Aug 2, 2026, 11:30 AM UTC · In the digest of 2026-08-02-1130
Japan and the US have reportedly intervened jointly in currency markets to halt the yen's drop to a 40-year low.
Japan and the United States have reportedly carried out a joint intervention in foreign exchange markets to stem the rapid decline of the Japanese yen. According to sources familiar with the matter, the coordinated action aims to stop the currency from falling to a 40-year low against the US dollar. Japanese Finance Minister Satsuki Katayama is expected to officially announce the details of the joint initiative on Monday. Neither official treasury department has formally confirmed the intervention prior to the planned announcement.
Sources: Handelsblatt