...the "much larger than normal" intervention to strengthen the yen comes as the dollar’s net long position is stretched...
PremiumJust as we suggested yesterday (must-read backgrounder), Japan’s Ministry of Finance confirmed on August 3 that Japan and the U.S. conducted coordinated yen-buying intervention, while also signaling that it would not hesitate to take further coordinated action if needed.
..."they're gonna need a bigger boat..."
Japan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further…
Japan and the U.S. confirm joint yen intervention, signaling readiness for further action to stabilize the yen’s decline.
Aside from helping Japan as a ally in Asia, the intervention would help the US address concerns over extraordinary weakness in…
Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
Trump says US intervening to prop up yen as sign of friendship
Yen holds gains after Japan, US confirm joint intervention, signal more action
Japan confirms joint yen intervention with U.S., signals readiness for more action
Japan, US confirm joint yen-buying intervention, signal more action | The Jerusalem Post
U.S., Japan confirm coordinated yen intervention, signal readiness for more
Japan confirms joint yen intervention with US, signals readiness for more action
Japan, U.S. Confirm Joint Yen-Buying Intervention, Signal More Action
Scott Bessent Says America 'Delivers' for 'Trusted Partners' as US, Japan Confirm Joint Yen Intervention:
The message beneath the yen intervention
US, Japan intervene jointly to support yen
Yen climbs to 155 per dollar as traders remain on intervention alert
