# Yen finds footing after intervention, dollar near six-week low on Mideast hopes

https://mins.news/en/item/13585

- Reuters, 2026-08-05 02:10 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/yen-finds-footing-after-intervention-dollar-near-6-week-low-mideast-hopes-2026-08-05/?link_source=ta_bluesky_link&taid=6a729b8569018900011c1a45

> Currency markets took a pause on Wednesday as pressure on the Japanese yen eased after recent intervention efforts and a strong display of U.S. support. The dollar remained close to a six-week low, helped by renewed optimism about the Middle East. The moves reflected a temporary easing in exchange-rate pressure alongside changing expectations about the region. Traders were watching both official action and developments linked to the Middle East.

## Related coverage

- [Levin Says US Yen Intervention Is a Band-Aid Fix for Bonds](https://mins.news/en/video/15537) — Bloomberg Television, 2026-08-06
- [Yen reaches three-month high after Trump helps bolster currency](https://mins.news/en/item/12267) — The Guardian, 2026-08-03
