CurrenciesLack of lasting intervention impact, concern over real yen-selling leave market directionlessThe yen has held steady around 159 to the dollar. (Photo by Akira Kodaka)FUTOSHI OGURIMay 27, 2026 03:06 JSTTOKYO -- Even as Japanese equities are roiled by the turmoil in the Middle East, the yen has become unusually quiet as individual investors stand pat amid an uncertain market.Read NextCurrenciesYen's post-intervention retreat raises questions about advance warningsCurrenciesJapan suspected of near $30bn interventions in thin Golden Week tradingEquitiesTokyo Stock Exchange Prime market doubles daily trading value over a yearBondsJapan long-term bond yields hit record highs amid fiscal concernsDatawatchJapan's retail investors embrace shareholder activismMarketsJapan retail investors make 25% of stock trades, highest in 12 yearsLatest on CurrenciesCurrenciesYen's purchasing power sinks to new low as oil prices sap strengthCurrenciesYen's post-intervention retreat raises questions about advance warningsCurrenciesYen tests post-intervention low as Iran war, US rate uncertainty lift dollar