EconomyYen reaches three-month high after Trump helps bolster currency

The yen has risen to its strongest level in three months after Japan and the United States confirmed a rare joint intervention. The operation, carried out late last week, was intended to support Japan’s currency. On Monday, the yen strengthened to ¥155 against the US dollar, its highest point since early May. The development has also prompted questions over why Trump stepped in to help prop up the yen.

yencurrency interventionJapan economyUnited States

TThe Guardian★★★★☆2026-08-03 08:34Original