Speculation about Japan intervening in the foreign exchange market is increasing, and the United States may provide rare assistance.

Over the weekend, speculation increased outside Japan that the authorities may be preparing to enter the foreign exchange market to prevent the decline of the Japanese yen, with the United States also potentially offering rare assistance. On Friday, the yen rose 1.75% against the US dollar to 155.63, continuing its upward trend during the Asian session, reaching the strongest level of the year. The yen recorded its largest daily gain since August, reversing its previous downward trend and approaching the levels seen in 2024 - the year when Japan intervened to buy its own currency. During the US trading session, the yen surged significantly, with traders reporting that the New York Federal Reserve contacted financial institutions to inquire about the yen exchange rate. Wall Street believes that these inquiries may be paving the way for Japan to intervene in the yen exchange rate, and even the US government may participate.