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Currency intervention stories

Aug 1, 2026

US joins Japan in yen intervention for first time since 1998

The United States purchased yen alongside Japan in a coordinated intervention to support the currency, marking the first such US action in 28 years and triggering immediate Bitcoin price pressure.

Aug 1, 2026·2 sources

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Top claims

▪On Thursday, Japan spent an estimated ¥8.45 trillion ($52.8 billion) in what was likely its largest-ever single-day intervention
▪The Federal Reserve Bank of New York sold euros to buy yen on behalf of the US Treasury Department
▪The yen's multi-year slide has stoked inflation in Japan by increasing import costs for businesses and consumers

Subtopics

Bitcoin market analysis1 Global trade1 U.S.–China relations1

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