ON
← Back to feed
The US has helped pull Japan’s yen out of a 40-year low. Why?
HK🏛️ PoliticsCenter6 hr. ago

The US has helped pull Japan’s yen out of a 40-year low. Why?

The Japanese yen recently reached a 40-year low against the US dollar, but both Japan and the United States intervened jointly to stabilize the currency. Following the intervention, the yen strengthened to its highest level since early May. The move came after reports suggested U.S. Treasury Secretary Scott Bessent had considered purchasing up to $10 billion in yen. U.S. President Donald Trump praised the intervention as a sign of friendship, while analysts suggest Japan acted to seize a favorable opportunity and the U.S. aimed to reduce downward pressure on U.S. Treasuries.

1 reports

South China Morning Post logoSouth China Morning PostIndependentCenter6 hr. ago
The US has helped pull Japan’s yen out of a 40-year low. Why?

The Japanese yen recently reached a 40-year low against the US dollar, but both Japan and the United States intervened jointly to stabilize the currency. Following the intervention, the yen strengthened to its highest level since early May. The move came after reports suggested U.S. Treasury Secretary Scott Bessent had considered purchasing up to $10 billion in yen. U.S. President Donald Trump praised the intervention as a sign of friendship, while analysts suggest Japan acted to seize a favorable opportunity and the U.S. aimed to reduce downward pressure on U.S. Treasuries.

Bias read (Center): The article presents the joint intervention as a cooperative effort between Japan and the U.S., emphasizing diplomatic relations and economic collaboration. While it mentions Trump's positive remarks and Bessent's potential actions, it does not overtly favor one side over the other. The framing is客观

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories