BBVA G10 FX strategy head Roberto Cobo Garcia said USD/JPY's sharp decline strongly suggests Japanese official intervention. Authorities appear to have seized dollar weakness following weak US economic data to sell dollars and support the yen.

2026-07-30

BBVA G10 FX strategy head Roberto Cobo Garcia said USD/JPY's sharp decline strongly suggests Japanese official intervention. Authorities appear to have seized dollar weakness following weak US economic data to sell dollars and support the yen.