Trump claims US intervened to support Japanese yen

President Donald Trump announced on Sunday that the United States had taken action to support the Japanese yen, characterizing the intervention as a “signal of friendship” that would benefit both the United States and the global economy. The statement coincided with a report from the Financial Times indicating that Washington and Tokyo had jointly backed the yen, marking the first coordinated effort of its kind in nearly thirty years.

The bilateral move comes amid a period of yen depreciation that has raised concerns about trade balances and inflationary pressures in both economies. By aligning their foreign‑exchange policies, the United States and Japan aim to stabilize the currency and reinforce economic ties, a strategy that analysts say could temper market volatility while underscoring the durability of the U.S.–Japan partnership.