WS #13095
Yen jumped 2.6% against the dollar to 159.225, its weakest since May, with analysts suspecting official intervention by Japanese authorities. US GDP grew only 1.5% in Q2 2026, down from 2.1% in Q1, driven by widening trade deficit and oil price spikes from the Iran war.
Yen Surges on Intervention Speculation
Yen jumped 2.6% against the dollar to 159.225, its weakest since May, with analysts suspecting official intervention by Japanese authorities.
US GDP grew only 1.5% in Q2 2026, down from 2.1% in Q1, driven by widening trade deficit and oil price spikes from the Iran war.