Japan and the US execute their first joint yen intervention since 2011, spending $36.58 billion. Carry trade unwinds rattle Bitcoin and Ethereum

Coordination between Japan and the United States now appears to be the tightest in decades, fuelling one of the most notable rebounds since the yen began its years-long slide.

The U.S. and Japan are said to have jointly intervened to prop up the Japanese yen for the first time in nearly 30 years after the currency plunged to its...

Tokyo and Washington saw eye to eye on halting yen weakness

Japan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time since 2011. The coordinated move…