EconomyYen wobbles as intervention afterglow fades; RBA holds rates steady

The yen moved unevenly near the key 160 level on Tuesday. A joint intervention by the United States and Japan had failed to provide a durable lift, leaving its market impact to fade. The Australian dollar, by contrast, stayed firm near an eight-week high. That followed the Reserve Bank of Australia’s decision to leave interest rates unchanged, as markets had expected.

yencurrency interventionReserve Bank of Australiainterest rates

RReuters★★★☆☆2026-08-11 06:35Original