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Yen hits three-month high after Trump helps prop up currency

US and Japanese governments confirm they carried out a rare joint intervention late last week

The yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency.

The yen strengthened to ¥155 to the US dollar on Monday, its highest level since early May, after Tokyo and Washington confirmed they had carried out a rare joint currency intervention late last week.

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Aug 3, 2026 Yen Economics US news
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Yen hits three-month high after Trump helps prop up currency Yen Aug 3, 2026 Yen hits three-month high after Trump helps prop up currency US and Japanese governments confirm they carried out a rare joint intervention late last weekWhy has Trump stepped in to prop up Japan’s currency?Business live – latest updatesThe yen has hit its highest level in thre...
Yen hits three-month high after Trump helps prop up currency

US and Japanese governments confirm they carried out a rare joint intervention late last weekWhy has Trump stepped in to prop up Japan’s currency?Business live – latest updatesThe yen has hit its highest level in thre...

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