Rare Coordinated Intervention Supports Yen Amid Volatility
The USD/JPY pair has seen significant intervention by both US and Japanese authorities in recent days. The rare coordinated action saw the two countries directly buying yen to address severe volatility.
According to the Ministry of Finance, this intervention was conducted under a September 2025 agreement between the two nations for coordinated market action during periods of disruption.
The price of GBP/JPY is currently trading at ¥212.24, with some analysts predicting that it may see a breakout above resistance at ¥214.31 in the next few sessions.