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Scott Bessent's yen intervention signals new era of US ‘currency activism' Financial TimesA Currency Trader at Heart, Bessent Bets on Japan's Yen The New York TimesU.S. dollar weakens sharply against the Japanese yen after market interventions NPRThe message beneath the yen intervention AxiosUS and Japan take action to prop up yen in rare joint move BBC
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The U.S. Treasury Department and Federal Reserve have joined forces with their Japanese counterparts to stage a historic joint intervention to boost the Japanese yen, according to Japan's Ministry of Finance, which confirmed the move in a statement on Monday.
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