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US-Japan Joint Intervention Targets Yen to Prevent Asian Market Instability
US Treasury Secretary Scott Bessent explains the reasons behind the joint intervention to support the yen.
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Latest news and analysis on “yen”.

US Treasury Secretary Scott Bessent explains the reasons behind the joint intervention to support the yen.

Japan and the United States have taken coordinated action to support the yen, marking the first joint intervention in 28 years.

Tokyo and Washington intervened jointly to support the yen, the first such coordinated effort in nearly 30 years.
Japan's core inflation increased in June due to higher oil prices and a declining yen, according to recent official data.

Asian stocks showed mixed performance as investors anxiously awaited the release of key US jobs data, which could influence the Federal Reserve's upcoming interest rate decisions.
