The NY Fed checked EUR/JPY rates on behalf of the US Treasury, signaling possible yen intervention as USD/JPY traded near 162-163 in mid-2026.

July 30 : The dollar sank against the Japanese yen on Thursday with traders alert to the possibility of intervention from Japan to prop up its stubbornly weak currency. The dollar…

NEW YORK, July 30 : The Japanese yen surged on Thursday, in a move analysts said bore the hallmarks of official intervention by Tokyo to prop up a currency that has slumped to…

By Jessica Fleetham and Megumi Fujikawa

Coordinated actions seen as joint effort to curb yen weakness