Global shares fell as tech stocks dropped, with major indexes declining in early Tuesday trading.
Satsuki Katayama
The yen trades near a 40-year low, prompting potential intervention from Japan to defend its currency.
Japan's yen hit its weakest level since July 2024 against the US dollar, prompting authorities to consider intervention as interest rate differentials and dollar strength pressure the currency downward.
Japan is strengthening its foreign investment screening framework in close cooperation with the United States.
USD/JPY holds above 160 as Japanese intervention threats and Bank of Japan tightening expectations support the yen, while an Israel-Iran truce weakens the dollar and upcoming US inflation data could determine the pair's direction.
The Japanese Yen softens despite intervention threats and strong US job data.
Japan is strengthening energy security and supply chains through its Rise+ and Drive initiatives with the World Bank.
Japan spent nearly $74 billion in April to strengthen its weakening yen, but the currency remained weak due to structural factors including interest rate differentials with the US, Middle East geopolitical tensions raising energy costs, and capital outflows pressuring the yen persistently.
The US jobs report showing 172K May payrolls significantly exceeded expectations, strengthening the dollar and pushing USD/JPY toward 160.00, where Japanese authorities threaten intervention to prevent excessive yen weakness amid competing monetary tightening signals.
Euro climbs vs Yen as ECB hike bets meet BoJ tightening, FX risks
Australia's trade balance swung to a 1,791 million dollar surplus in April, supporting the Australian dollar against the yen, while the Japanese yen gains as traders anticipate a potential Bank of Japan interest rate hike this month.
Japan's Prime Minister Takaichi warns of intervention, causing the yen to bounce up from lows.
Japan's finance minister warned traders after the yen weakened to 160 per dollar, a level preceding previous intervention, as markets await the central bank governor's speech on potential rate hikes amid economic pressures.
Japan's yen weakened to near 160 per dollar amid elevated U.S. interest rates, prompting authorities to signal readiness for currency intervention after spending 73 billion dollars supporting the currency since April.
Japan's Finance Minister Satsuki Katayama is ready to act on foreign exchange if required.
The US dollar trades in a narrow range amid mixed US-Iran talks and conflict.
Japan disbursed $20 million to the World Bank to strengthen critical minerals supply chains in developing countries, addressing resource security concerns amid Chinese export controls and supporting clean energy infrastructure development across Asia.
The Federal Reserve maintained interest rates while adopting a hawkish stance, strengthening the US dollar to one-year highs and weakening the Japanese yen toward four-decade lows, while gold prices declined amid expectations for prolonged monetary tightening.
Japan's Finance Minister Katayama warned of potential intervention as the yen approached a 40-year low near 161.96 per dollar, with authorities previously intervening 11.7 trillion yen in April-May amid persistent downward pressure from wide US-Japan yield gaps.
Japan's government vowed to intervene in currency markets anytime as the yen weakened to two-year lows despite spending record 11.7 trillion yen in April-May interventions, with the BOJ's rate hike failing to counter Fed hawkishness.
Euro trades flat against the Yen due to ECB guidance and intervention fears.
The Japanese Yen steadies near recent lows due to ceasefire and intervention threats.
The World Bank and Japan partnered to reinforce critical mineral supply chains and energy security, addressing global vulnerabilities in accessing essential materials needed for renewable energy transition and technological advancement.
The US dollar rebounded Friday after nonfarm payrolls beat expectations with 172,000 jobs added in May, strengthening the greenback against major currencies and raising Federal Reserve rate hike odds to 41.2% for December, though dollar-yen gains remained limited by Bank of Japan tightening expectations and intervention threats.
The World Bank and Japan launched a collaborative strategy to enhance Asia's energy security and critical minerals sector, addressing regional supply chain vulnerabilities and supporting sustainable development across the continent's growing economies.
The EUR/JPY cross rose to 185.85 as investor expectations for ECB rate hikes this month supported the Euro, though gains remained capped by anticipated Bank of Japan tightening and potential Japanese intervention risks.
The Bank of Japan's expected June interest rate hike and potential yen intervention by Japan's government pose dual risks to USD/JPY markets, though intervention effectiveness remains limited without clear signals of further monetary tightening ahead.
The yen weakens near 160 per dollar despite BOJ hikes due to a wide US-Japan rate gap.
Japan's government warned traders and intervened as the yen weakened to 160 per dollar, its critical threshold, following record 11.7 trillion yen intervention spending in April amid persistent currency depreciation pressures.
The Indian rupee retreated from recent peaks as geopolitical tensions between the US and Iran sustained oil price volatility, reflecting broader market uncertainty affecting currency stability in emerging economies.
Japan warns as yen weakens to 160 per dollar, prompting fresh warnings from the finance minister.
Dollar in tight range as traders eye Middle East peace talks
USD/JPY approaches 160.00 as Yen struggles due to high oil prices and interest rate differentials.
Dollar steady as traders await progress on Middle East peace talks
The Japanese yen plummeted to a 40-year low against the US dollar, breaching 161.80 due to interest rate divergence between hawkish Federal Reserve policies and Japan's sluggish monetary stance, amid thin holiday trading volumes and escalating government intervention threats.
Japan's $70 billion intervention and rate hike failed to significantly prop up the yen due to structural factors.
Japanese Yen gives away gains as markets await clarity on Iran's war and US-Iran peace deal.
The Bank of Japan plans to raise its policy rate to 1.0% in June, stepping back from ultra-loose monetary policy to combat inflation and stabilize the weakening yen, though previous intervention efforts have proven insufficient.
Australian Dollar holds gains against Japanese Yen as China's trade surplus rises more than expected.
Japan rolls out its energy network and supply chain project, competing with China's Belt and Road Initiative.
Japan deployed a record 74 billion dollars in April 2026 to support the weakening yen amid widening interest rate gaps with global economies, but the intervention proved temporary as structural economic factors continued driving currency depreciation and inflation pressures.
The US dollar strengthened amid Middle East tensions and strong economic data, while the Japanese yen approached intervention levels at 160 per dollar, prompting warnings from Japanese officials about potential defensive measures.
The yen weakened toward 159.92 per dollar amid dollar strength from Gulf tensions and US labor data, erasing earlier intervention gains, while Japan's Finance Ministry warned of readiness to act and markets awaited the Bank of Japan's June policy decision.
EUR/JPY holds modest gains above 185.50 with a bullish bias intact.
Forex Today: US Dollar stays resilient ahead of key US data
Japanese Yen rises sharply against peers after officials warn of potential intervention.
The Japanese yen weakened to the critical 160 level against the dollar Wednesday as renewed Gulf hostilities and Iran-U.S. strikes boosted safe-haven dollar demand, erasing earlier intervention gains despite Japanese authorities standing ready to intervene again.
EUR/JPY declines below 186.00 amid intervention fears but remains bullish.
The US dollar rose 0.4% after Iran threatened to walk away from US negotiations, reigniting investor interest.
World Bank, Japan Partner to Strengthen Critical Mineral Supply Chains and Energy Security
