U.S. dollar weakens sharply against the Japanese yen after market interventions

The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/3546x2364+0+0/resize/3546x2364!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Ffb%2F83%2F02819bcb4635a2cd71a9feb5b921%2Fap26215046254884.jpg' alt='A person walks past an electronic board showing the U.S. dollar and Japanese yen exchange rate at a securities firm in Tokyo on Monday, Aug. 3, 2026.'/><p>The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.</p><p>(Image credit: Eugene Hoshiko)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=g-s1-136866' />