# US and Japan Step In to Support the Yen in Rare Joint Intervention - Beijing Post

> The US and Japan carried out a rare joint intervention to support the yen after it fell to its weakest level against the dollar in about four decades. Japan reportedly sold roughly $59 billion of dollars to buy yen, and both governments left open the possibility of further action.

- Date: 2026-11-01 · published 2026-11-01T06:10:35.021Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/4258-us-and-japan-step-in-to-support-the-yen-in-rare-joint-intervention-beijing-post
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Coordinated intervention weakens the dollar against the yen and can ripple through global currency and bond markets, shifting the relative cost of US feed exports for Japanese and other Asian buyers. The move was partly reversed, so its lasting price effect on feed commodities is limited.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-31 | [US Treasury intervenes to support yen after Japan steps in, FT reports](https://feedsoft.ai/events/18582-us-treasury-intervenes-to-support-yen-after-japan-steps-in-ft-reports.md) | -0.1% | -1.1% |
| 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 | 2022-09-22 | [Yen rallies after Japan intervenes with first support since 1998](https://feedsoft.ai/events/39807-yen-rallies-after-japan-intervenes-with-first-support-since-1998.md) | +1.9% | +1.8% |
| DXY | 2026-02-01 | [Yen jumps in broad hit to dollar as Japan intervention risks grow](https://feedsoft.ai/events/21292-yen-jumps-in-broad-hit-to-dollar-as-japan-intervention-risks-grow.md) | +0.3% | +0.7% |
| DXY | 2025-12-22 | [Japan's yen gains on intervention signals, softer US dollar](https://feedsoft.ai/events/21750-japan-s-yen-gains-on-intervention-signals-softer-us-dollar.md) | -0.5% | -0.7% |

## Sources

- beijingpost.com: https://beijingpost.com/omvmmz-us-and-japan-step-in-to-support-the-yen-in-rare-joint-intervention
- manilatimes.com: https://manilatimes.com/vbrekp-us-and-japan-step-in-to-support-the-yen-in-rare-joint-intervention

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