The U.S. dollar fell across the board and the Japanese yen jumped to a more than two-month high on Monday as speculation mounted about joint U.S.-Japan currency intervention after remarks from Tokyo's prime minister and Japan's leading currency diplomat.

Good morning. The dollar fell on speculation the US may help support the yen. DeepSeek fears prove to be unfounded. And Apple unveils louder AirTags. Listen to the day’s top stories.

By Samuel Indyk and Gregor Stuart Hunter LONDON, Jan 26 (Reuters) - The yen jumped to a more than two-month high on Monday as speculation mounted of coordinated currency intervention by authorities in the U.

Bank of Japan policy board members have grown more cautious about the potential inflationary impact of a weak yen, meeting minutes show, as markets stay on alert for any sign of action to stabilize the currency.

Bitcoin remains range-bound as the New York Fed’s intervention in the yen triggers a global carry trade unwind and sparks a flight to gold.

NEW YORK, Jan 28 (Reuters) - The U.S. dollar held gains against the euro and the yen on Wednesday after the U.S. Federal Reserve kept interest rates steady, citing still-elevated inflation alongside solid economic growth,

Japan’s yen surge sparks intervention fears as Fed involvement looms, with major implications for the dollar, crypto, and global markets.

Outside of trade and geopolitics, one source of market volatility could very well come from Japan, as its currency undergoes sharp moves.

Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback

Japanese stocks fell and long-term government bonds rose Monday after U.S. and Japanese authorities signaled that they are ready to step in to support the yen.

While most market forecasts suggest the BOJ will raise rates again in June or July, some BOJ policymakers see scope to raise interest rates sooner than markets expect if ​the yen fall persists, with April a distinct possibility, sources have said.

The spectre of coordinated yen buying by Tokyo and Washington has propped up Japan's currency, but history suggests the impact of an actual intervention could be limited, especially because Prime Minister Sanae Takaichi is basing her snap election campaign on expanded stimulus measures.