For years, we’ve heard about "de-dollarization", China and the BRICS nations trying to end the reign of the USD. In 2026, the US has flipped the table. #Geopolitics #Dollar

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Sharp moves in the Japanese yen that sent the currency to a 10-week high renewed speculation that the country is intervening in the market. https://www.japantimes.co.jp/business/2026/05/07/markets/yen-spikes-intervention-speculation/?utm_medium=Social&utm_source=mastodon #business #markets #yen #dollar #forex #japaneseeconomy #financeministry
Yen spikes to 10-week high and sparks intervention chatter

Talk about Japan's market action has dominated trader discussions in recent days, with many seeing the 160 level as a trigger point for currency officials.

The Japan Times
The yen rallied to the strongest level in over two months on Wednesday, fueling speculation that Japanese officials might have intervened again after stepping in to prop up the currency on April 30. https://www.japantimes.co.jp/business/2026/05/06/markets/yen-rallies/?utm_medium=Social&utm_source=mastodon #business #markets #currencies #yen #dollar #financeministry
Yen rallies to build on gains spurred by recent intervention

Japan's currency rose as much as 1.8% to ¥155.04 per dollar in Asia trading, its strongest level since Feb. 24, before paring the move to trade around ¥156.37.

The Japan Times

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