🇯🇵 YEN SURGES AS INTERVENTION SPECULATION SHAKES FX MARKETS
Japan’s yen jumped sharply against the U.S. dollar as markets began pricing in potential currency intervention, including the possibility of coordinated action with U.S. authorities. Traders reacted after signs of increased official monitoring and heightened volatility in USD/JPY.
A stronger yen raises short-term risk for global risk assets tied to the yen carry trade, while also signaling growing discomfort among policymakers over prolonged dollar strength. Historically, coordinated intervention has had major cross-market impact, affecting equities, commodities, and crypto liquidity.
📰 Source: Global FX market reports / Reuters-style coverage
