Japan Intervened In FX Market To Buy Yen
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-05-01 00:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Asia, Military & Defence, Iran, Economy & Finance, Financial Markets, Business & Economy, War & Conflict, Asia Pacific
--------------------------------------------------------------------
Snippet:
With Brent surging to a new post war high overnight, rising as high as $125 on fear of an imminent resumption of hostilities in Iran, which dragged yields higher, and also pushed the USDJPY above 160 for the first time since late March, overnight Japan made clear - again - it wouldn't take it any more, with the usual round of jawboning.
--------------------------------------------------------------------