The Japanese yen surged by as much as 3.3% against the US dollar in New York trading on Thursday, its largest intraday gain since December 2023.
This significant move came after authorities intervened once again to prop up the nation's currency ahead of the Bank of Japan's policy decision.
The intervention was a timely attempt to stabilize the yen, which has been under pressure in recent times.
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
