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US Dollar Plummets Against Yen After Market Intervention

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The US dollar has weakened sharply against the Japanese yen following market interventions. This development comes after a person walks past an electronic board showing the U.S. dollar and Japanese yen exchange rate at a securities firm in Tokyo on Monday, Aug. 3, 2026.

Satsuki Katayama was appointed as the new finance minister in October 2025. However, no direct quotes or statements from Katayama are mentioned in the source regarding this recent market intervention.

Stephen Innes, a well-known expert on foreign exchange markets, is not quoted in the article. However, it is implied that his expertise might be relevant to understanding the current market situation.

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