Japan may have intervened in FX market by spending $36.58 billion to buy yen

Japan reportedly spent $36.58B intervening in FX markets to support the yen.

· Source: investing.com

Summary

Japan's Ministry of Finance likely conducted a major intervention operation, deploying approximately $36.58 billion to buy yen and defend against weakness. This represents a significant show of force in currency markets and signals policy resolve to prevent further depreciation. The scale and timing matter for USD/JPY positioning and broader risk sentiment, as intervention can create sharp reversals and liquidity disruptions.

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