# Japan intervenes to prop up yen ahead of BOJ policy decision, source says

> Japan conducted yen-buying, dollar-selling intervention in New York on Thursday, its first such action in three months. The currency's slump to four-decade lows threatened to worsen living costs driven by energy prices linked to the Iran war.

- Date: 2026-08-01 · published 2026-08-01T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/18580-japan-intervenes-to-prop-up-yen-ahead-of-boj-policy-decision-source-says
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger yen changes the currency backdrop for dollar-denominated commodities and energy import costs for Japan. The direct effect on feed prices is small, but a weaker yen tends to raise Japanese import costs for feed.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-22 | [Japan Intervenes to Prop Up the Sliding Yen - The New York Times](https://feedsoft.ai/events/39809-japan-intervenes-to-prop-up-the-sliding-yen-the-new-york-times.md) | +1.9% | +1.8% |
| DXY | 2023-09-18 | [Most Latin American currencies up ahead of central bank policy decisions](https://feedsoft.ai/events/34396-most-latin-american-currencies-up-ahead-of-central-bank-policy-decisions.md) | +0.3% | +1.7% |
| DXY | 2026-05-01 | [Dollar tumbles after Japanese intervention boosts yen](https://feedsoft.ai/events/19967-dollar-tumbles-after-japanese-intervention-boosts-yen.md) | -0.6% | +0.2% |
| DXY | 2022-09-23 | [Race to rein in strong dollar is on after Japan intervenes](https://feedsoft.ai/events/39758-race-to-rein-in-strong-dollar-is-on-after-japan-intervenes.md) | +1.1% | +1.2% |
| DXY | 2026-01-26 | [Japanese Yen clings to gains amid intervention fears, hawkish BoJ](https://feedsoft.ai/events/21297-japanese-yen-clings-to-gains-amid-intervention-fears-hawkish-boj.md) | -0.8% | -0.8% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/japan-conducts-massive-yen-buying-intervention-nikkei-reports-2026-07-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.