BUSINESSAug 3 · 01:50 UTCWDIV CLICKONDETROITAssociated Press

US dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply against the Japanese yen after confirmed market interventions by the U.S. and Japan. U.S. President Donald Trump and Japan’s finance minister stated the U.S. Treasury and Japan’s finance ministry coordinated to counter excessive yen volatility, with the dollar dropping to 156.34 yen following the announcement.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Donald TrumppersonSatsuki KatayamapersonUS Treasury DepartmentorganizationJapan’s finance ministryorganizationUS DollartopicJapanese yentopicUnited StatesplaceJapanplace

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSAug 3 · 02:16 UTC
US dollar weakens sharply against the Japanese yen after market interventions
BUSINESSAug 3 · 01:51 UTC
US dollar weakens sharply against the Japanese yen after market interventions
BUSINESSAug 3 · 02:16 UTC
US dollar weakens sharply against the Japanese yen after market interventions
BUSINESSAug 3 · 02:15 UTC
US dollar weakens sharply against the Japanese yen after officials intervene in markets
BUSINESSAug 3 · 02:15 UTC
US dollar weakens sharply against the Japanese yen after officials intervene in markets
BUSINESSAug 3 · 01:41 UTC
The US dollar sinks against the Japanese yen after Trump and officials in Tokyo confirm they intervened in markets