Business
U.S.-Japan Currency Intervention
The U.S. and Japan jointly intervened in the forex market to boost the yen, but most strategists believe interest rate differentials will ultimately determine its value.
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MarketWatch
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of travel. Japan’s rates are much lower than the U.S.
2026-08-03 09:07 UTC