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Japan Slams Yen Bears With Record $96B Intervention - USDJPY Plunges

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Japan executed a record 15.4 trillion yen ($96 billion) intervention between late July and late August to bolster the yen, reversing its slide to multi-decade lows against the dollar.
  • The unprecedented scale signals strong commitment to stabilizing the currency, creating significant immediate downward pressure on USDJPY.
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Stored market data

USDJPY price history

153.55 -1.15% over the displayed period

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