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US and Japan Ready to Intervene in Yen Markets Again

Guavy AI Editorial Team
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JPY
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US Treasury Secretary Scott Bessent has hinted at the possibility of joint foreign-exchange intervention between the US and Japan to support the yen if needed. Speaking after a statement from President Donald Trump, who described joint yen intervention as 'a sign of friendship' with Japan, Bessent emphasized that Washington is committed to continued coordination with Tokyo.

The comments follow previous reports on August 2 by Watcher.Guru stating that the US would not hesitate to carry out additional joint intervention to support the yen. Bessent's statement underscores the willingness of both countries to take action in foreign-exchange markets if necessary.

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