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The Zhitong Finance App learned that the yen continued to weaken on Wednesday, once again approaching the critical mark of 1 US dollar to 160 yen. Previously, the US and Japan rarely joined forces to buy yen, which at one point pushed the yen to clearly rebound from a low of nearly 40 years, but as some of the gains were reversed, the market began to be wary again of the possibility that the US and Japanese authorities would once again interfere in the foreign exchange market.

Zhitongcaijing·08/12/2026 22:33:04
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The Zhitong Finance App learned that the yen continued to weaken on Wednesday, once again approaching the critical mark of 1 US dollar to 160 yen. Previously, the US and Japan rarely joined forces to buy yen, which at one point pushed the yen to clearly rebound from a low of nearly 40 years, but as some of the gains were reversed, the market began to be wary again of the possibility that the US and Japanese authorities would once again interfere in the foreign exchange market.