Nomura said Japan’s Ministry of Finance may have intervened around July 30–Aug 3 for about JPY14.1 tln (≈$88bn), surpassing the confirmed April 30/May 4/May 6 interventions totaling JPY11.7349 tln. The estimate draws on Bank of Japan daily data and local FX market traders’ projections. U.S. intervention amounts remain unclear; the Financial Times reported the U.S. likely intervened by shorting EUR/JPY to curb yen weakness while avoiding signals inconsistent with a strong‑dollar policy, meaning t

2026-08-11

Nomura said Japan’s Ministry of Finance may have intervened around July 30–Aug 3 for about JPY14.1 tln (≈$88bn), surpassing the confirmed April 30/May 4/May 6 interventions totaling JPY11.7349 tln. The estimate draws on Bank of Japan daily data and local FX market traders’ projections. U.S. intervention amounts remain unclear; the Financial Times reported the U.S. likely intervened by shorting EUR/JPY to curb yen weakness while avoiding signals inconsistent with a strong‑dollar policy, meaning the U.S. and Japanese actions may have transmitted different messages.