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Top Strategist: Japan Just Unleashed a Historic Yen Intervention. Here’s What Comes Next
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FOMOGRAM Editorial Desk
Aug 3, 2026

EXECUTIVE SUMMARY
Japan and the US just pulled off a coordinated currency intervention that sidestepped the one move markets feared most, and a top fixed income strategist at State Street says it may have permanently shifted the direction of the yen.
Japan and the US just pulled off a coordinated currency intervention that sidestepped the one move markets feared most, and a top fixed income strategist at State Street says it may have permanently shifted the direction of the yen.
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