Skip to content
Back to Guavy Wire
Forex

US and Japan Join Forces to Support Yen Amid Interest Rate Divergence

Instruments
USD JPY
Share

The US and Japan have jointly intervened to support the Japanese yen for the first time in nearly 30 years. The move came after the yen slid to its weakest level since 1986, with a price of 163.24 per dollar last month.

The Federal Reserve Bank of New York took the unusual step of selling euros to buy yen on behalf of the US Treasury through Goldman Sachs and Morgan Stanley.

The intervention is estimated to have totalled around $52.8 billion, with some analysts suggesting it could be as high as 8.45 trillion yen.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc