EconomyUS Treasury reportedly intervened to buy yen on July 31; coordinated action would be rare
The Financial Times reported that the US Treasury carried out market intervention on July 31, selling euros and buying yen. The report came as the yen was strengthening sharply against the dollar in foreign-exchange trading into the morning of August 1, Japan time. If the move was coordinated with Japan, it would be an unusual intervention. The report points to exceptional cooperation in the currency market.
NNHK News★★★★☆2026-08-01 02:46Original
US Treasury reportedly intervened to buy yen on July 31; coordinated action would be rare
Economy