>The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan’s finance minister confirmed both sides had intervened in markets.>A rare joint U.S.-Japan intervention has raised the stakes on traders betting against the yen, but analysts are doubtful speculators will be kept at bay without tighter monetary policy.>Japan spent $70 billion in late April and early May to prop up the yen, but the rebound was brief as was the case in 2024 and 2022, when the country intervened in the currency market alone.>But by joining forces to intervene for the first time in 15 years, the authorities in Tokyo and Washington are wagering that a united front will do more to deter speculators than solo intervention has in the past.https://www.reuters.com/world/asia-pacific/japans-fight-with-yen-bears-goes-after-joint-rescue-2026-08-03/
The US wants more cheap investments from the yen
i seeso the yen IS strengthening AND the dollar is weakeningif this is the issue, why has there been an intervention to 'raise the stakes on traders betting against the yen'? Don't you want more shorting to pull down the yen?>monetary policyah so interest ratesAh wait so the sharp movement a few days ago was the plan that the governments enacted rather than an uncontrolled correction
>>540134999Good morning saar
>>540135419
