Japan and US Confirmed Joint Yen Intervention August 2–3, Pushing Yen Above 155 Per Dollar

Reuters reported that Japan and the United States confirmed joint currency-market intervention on August 2–3, 2026, lifting the yen over 1% to 155.20 per dollar. Joint US-Japan FX action goes beyond unilateral Bank of Japan operations and signals political tolerance for direct market involvement that G7 communiqués typically discourage.