What the market is saying about the U.S. intervention to prop up the yen
AI disclosure
Summary
Following the joint involvement the yen now sits at 157 to the dollar, down from just above 163, which represented its lowest level in four decades.
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In two months you will see a european complaining that Americans introduce themselves as "American" without saying which part. In four months you will see a european complaining that Americans introduce themselves by their state. This will repeat forever. Nuke their subcontinent. https://t.co/rSbOMOj0B5
— Vince Harlan (@outgribingrath) August 3, 2026