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Yen Bears Face Risks on Joint US-Japan Action, Strategists Say

Bloomberg Markets Sunday 02 August 2026, 23:35 UTC By John Cheng, Momoka Yokoyama and Alice French 1 min read
Key Points

Yen Bears Face Risks on Joint US-Japan Action, Strategists Say Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market intervention that lifted the yen last week as a sign of friendship with Japan. Read: Japan Confirms First Joint Yen Intervention With US in 15 Years

Yen Bears Face Risks on Joint US-Japan Action, Strategists Say Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market intervention that lifted the yen last week as a sign of friendship with Japan. Read: Japan Confirms First Joint Yen Intervention With US in 15 Years
Yen Bears Face Risks on Joint (PERSON) Japan (LOCATION) US (LOCATION) Donald Trump (PERSON)
Originally published by Bloomberg Markets Read original →

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