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U.S. and Japan coordinated yen purchases in historic currency market move

The intervention targeted yen weakness, underscoring closer coordination between the two countries in currency markets.

Reported · Written up by our desk · Major Pairs

WSJ Markets says the U.S. and Japan teamed up to buy yen in a historic intervention in currency markets.

The outlet frames the move around five charts that lay out the factors behind why the coordination happened on Friday, focusing on conditions driving yen trading.

By detailing the timing and market setup, the charts explain how the action fit into broader efforts to influence currency dynamics.

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