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Saturday, 7 November 2026

National Trade News

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Yen hits three-month high after Trump helps prop up currency

National Trade News policy desk (2026-08-03): Why has Trump stepped in to prop up Japan’s currency? The yen has hit its highest level in three months after Japan and the US launched a combined operation… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Yen hits three-month high after Trump helps prop up currency

The yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Japanese currency.

The yen strengthened to ¥155 to the US dollar on Monday, its highest level since early May, after Tokyo and Washington confirmed they had carried out a rare joint currency intervention late last week.

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