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Japan and the United States conducted a rare joint market intervention in early August 2026 to buy yen and curb its sharp decline. This marked the first coordinated Tokyo-Washington currency action since 2011, pushing the yen up from a 40-year low near 164 to around 155–157 per dollar.
U.S. Involvement: The Federal Reserve Bank of New York notably sold euros instead of dollars to buy yen during the operation, helping Washington avoid signaling a weak-dollar policy. U.S. Treasury Secretary Scott Bessent and President Donald Trump both confirmed support for the move.
So i ask Moo Moo AI on what potential rotational play on a strong yen. #moomooai
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