US dollar weakens sharply against the Japanese yen after market interventions
The U.S. dollar weakened significantly against the Japanese yen following a coordinated market intervention by U.S. and Japanese officials. The move aims to stabilize the yen, which had reached 40-year lows, causing economic strain in Japan due to high import costs.
US dollar weakens sharply against the Japanese yen after market interventions Mayuko Ono And Elaine Kurtenbach Mon, August 3, 2026 at 8:29 a.m. EDT 5 min read DX-Y.NYB +0.06% JPY=X +0.11% CL=F +0.51% TOKYO (AP) — 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.
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