{"id":2021765,"date":"2026-06-30T09:57:40","date_gmt":"2026-06-30T06:57:40","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2021765"},"modified":"2026-06-30T09:57:40","modified_gmt":"2026-06-30T06:57:40","slug":"japanese-yen-sinks-to-40-year-low-against-the-us-dollar-as-intervention-looms","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2021765","title":{"rendered":"Japanese yen sinks to 40-year low against the US dollar as intervention looms"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/81\/85\/96\/1200x675_cmsv2_ce898169-4497-5f19-bdf6-b4921361b84a-9818596.jpg&#8221;]<\/p>\n<article id=\"abe-2906348-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2906348\" data-cid=\"9820453\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906348-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/04\/53\/189x106_cmsv2_3eeb1b0e-a1d3-5e6a-9dda-80c2cc49a873-9820453.jpg\" loading=\"lazy\" alt=\"Benedetta Scuderi and Andrea Wechsler\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    The Ring<\/p>\n<div class=\"the-media-object__title  \">\n<p>    MEPs clash in The Ring over the way forward after Europe&#8217;s heat dome\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906496-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2906496\" data-cid=\"9821385\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906496-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" 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src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/13\/81\/189x106_cmsv2_c5d3f5b9-1399-5940-bdb4-f91b2a256d46-9821381.jpg\" loading=\"lazy\" alt=\"Albanian Prime Minister Edi Rama (left) and NATO Secretary General Mark Rutte.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Albania NATO summit in balance as US slams security &#8216;free riders&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906512-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2906512\" data-cid=\"9821411\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906512-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/14\/11\/189x106_cmsv2_9f1dbeee-6445-57e1-8cfb-5ebe1ddbc340-9821411.jpg\" loading=\"lazy\" alt=\"A long exposure shows satellites and other objects in the Earth&apos;s orbit in Lietzen, 22 April, 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    World News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Planned 1.7 million satellites &#8216;devastating&#8217; for astronomy, study says\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906348-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video\" data-nid=\"2906348\" data-cid=\"9820453\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906348-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/04\/53\/189x106_cmsv2_3eeb1b0e-a1d3-5e6a-9dda-80c2cc49a873-9820453.jpg\" loading=\"lazy\" alt=\"Benedetta Scuderi and Andrea Wechsler\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    The Ring<\/p>\n<div class=\"the-media-object__title  \">\n<p>    MEPs clash in The Ring over the way forward after Europe&#8217;s heat dome\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906496-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2906496\" data-cid=\"9821385\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906496-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/13\/85\/189x106_cmsv2_9bb21f09-afd1-5a06-8120-f89d50bf8506-9821385.jpg\" loading=\"lazy\" alt=\"The gas leak in the Baltic Sea from Nord Stream photographed from the Swedish Coast Guard&apos;s aircraft, 27 September, 2022\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Man charged with sabotage of Nord Stream gas pipeline in German court\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906506-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2906506\" data-cid=\"9821381\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906506-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/13\/81\/189x106_cmsv2_c5d3f5b9-1399-5940-bdb4-f91b2a256d46-9821381.jpg\" loading=\"lazy\" alt=\"Albanian Prime Minister Edi Rama (left) and NATO Secretary General Mark Rutte.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Albania NATO summit in balance as US slams security &#8216;free riders&#8217;\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2906512-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2906512\" data-cid=\"9821411\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906512-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/14\/11\/189x106_cmsv2_9f1dbeee-6445-57e1-8cfb-5ebe1ddbc340-9821411.jpg\" loading=\"lazy\" alt=\"A long exposure shows satellites and other objects in the Earth&apos;s orbit in Lietzen, 22 April, 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    World News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Planned 1.7 million satellites &#8216;devastating&#8217; for astronomy, study says\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Markets<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Japanese yen sinks to 40-year low against the US dollar as intervention looms<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/85\/96\/1536x864_cmsv2_ce898169-4497-5f19-bdf6-b4921361b84a-9818596.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"Japan&apos;s Prime Minister Sanae Takaichi speaks during a media conference in Archamps, after a meeting of the G7 in Evian-les-Bains, France, 17 June 2026\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              Japan&#8217;s Prime Minister Sanae Takaichi speaks during a media conference in Archamps, after a meeting of the G7 in Evian-les-Bains, France, 17 June 2026<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo\/Laurent Cipriani<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo\/Laurent Cipriani\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspQuirino Mealha\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1782813460\">\n                    Published on                 <time datetime=\"2026-06-30 11:57:40 +02:00\">30\/06\/2026 &#8211; 11:57 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"14:00\">14:00<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center 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alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<div class=\"c-article-share-comment-popup__content__embed_container u-display-none\"><span class=\"c-article-share-comment-popup__content__embed__tooltip\"><br \/>\n                            Copy\/paste the article video embed link below:<br \/>\n                        <\/span><span class=\"c-article-share-comment-popup__content__embed u-display-flex\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-copy-to-clipboard.svg\" width=\"16\" height=\"16\" alt=\"Copy to clipboard\" class=\"u-cursor-pointer js-c-article-share-comment-copy\" loading=\"lazy\"><span class=\"c-article-share-comment-popup__content__embed--success-copied u-display-none js-c-article-share-comment-video-embed-success-link-copied\"><br \/>\n                                Copied<br \/>\n                            <\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        The Japanese yen has dropped to its lowest level against the US dollar in four decades, putting markets on alert for urgent action by Tokyo to halt a slide that record intervention and higher interest rates have so far failed to stop.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>The Japanese yen fell to around 162.4 per dollar in Asian trading on Tuesday morning, its lowest level since 1986. <\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>The drop extends a punishing run for the yen, which has kept weakening despite the Bank of Japan&#8217;s efforts to support it, and now revives the prospect that the authorities will step into the market directly.<\/p>\n<p>Japan&#8217;s finance minister, Satsuki Katayama, has already responded to the situation by stating that the government was ready to take &#8220;appropriate&#8221; and even &#8220;decisive&#8221; action against excessive currency moves, adding that she had confirmed with Washington that such a step remained an option. <\/p>\n<p>Traders are now watching closely for any sign that Tokyo is selling US dollars to prop up the yen, as it did in the spring.<\/p>\n<p>At the heart of the weakness is the current wide gap between Japanese and American interest rates. <\/p>\n<p>Even after the Bank of Japan raised its benchmark to 1% in mid-June, its highest since 1995, Japanese yields remain far below those in the US, where ten-year government bonds have recently paid around 4.5%, compared with roughly 2.6% in Japan. <\/p>\n<p>That gap sustains the so-called carry trade, in which investors borrow cheaply in yen to buy higher-yielding assets elsewhere, continually pushing the currency down.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\">\n<li class=\"c-widget-related__item\">Japan to increase visa fees by more than five times starting on 1 July<\/li>\n<li class=\"c-widget-related__item\">Bank of Japan raises its key interest rate to a three-decade high<\/li>\n<\/ul>\n<\/div>\n<p>A robust dollar has compounded the pressure. <\/p>\n<p>The greenback has drawn safe-haven demand from tensions around the conflict involving Iran, while expectations that the US Federal Reserve could raise rates later this year, even as the Bank of Japan moves cautiously, have widened the divide further.<\/p>\n<p>Japan&#8217;s heavy reliance on imported energy, which is costlier amid elevated oil prices, has also added to demand for US dollars.<\/p>\n<h2>A test for Tokyo<\/h2>\n<p>The renewed slide is a headache for policymakers who have already thrown considerable firepower at the problem. <\/p>\n<p>Between April and May, Japan spent a record \u00a511.7 trillion (\u20ac63.3bn) intervening in currency markets, the largest such effort on record, yet the Japanese yen has continued to weaken. <\/p>\n<p>Domestic politics has not helped, with the big-spending, growth-focused agenda of Prime Minister Sanae Takaichi raising doubts about Japan&#8217;s fiscal discipline.<\/p>\n<div class=\"widget widget--type-image widget--size-fullwidth widget--animation-fade-in widget--align-center\" data-ratio=\"0.6665\">\n<div class=\"widget__wrapper\">\n<div class=\"widget__ratio widget__ratio--auto\">\n<div class=\"widget__contents\">\n<figure class=\"widget__figure\"><img decoding=\"async\" class=\"widgetImage__image\" loading=\"lazy\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/85\/96\/808x539_cmsv2_f1c869d7-f4d0-52be-84a3-af472a7be8f2-9818596.jpg\" alt=\"Japan&apos;s Prime Minister Sanae Takaichi during the official arrivals ceremony for the G7 summit in Evian-les-Bains, France, 15 June 2026\"><figcaption class=\"widget__caption\"><span class=\"widget__captionWrap\"><span class=\"widget__captionText\">Japan&#8217;s Prime Minister Sanae Takaichi during the official arrivals ceremony for the G7 summit in Evian-les-Bains, France, 15 June 2026<\/span><span class=\"widget__captionCredit\">AP Photo\/Thibault Camus<\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Analysts say the immediate risk of intervention is high, given that speculative bets against the Japanese yen have climbed to multi-year peaks and a fresh four-decade low tends to sharpen political anxiety in Tokyo. <\/p>\n<p>However, many doubt that buying the currency would reverse its course for long, since the underlying rate gap remains firmly against it.<\/p>\n<p>The Bank of Japan&#8217;s next policy decision, due on 31 July, is now in sharp focus, with further rate rises seen as the more durable route to stemming the decline. <\/p>\n<p>For now, the Japanese yen remains at the mercy of forces its central bank has struggled to control.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2906075-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2906075\" data-cid=\"9818973\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906075-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/89\/73\/480x270_cmsv2_e61f5e25-6e45-5fca-8515-e3114dc6794d-9818973.jpg\" loading=\"lazy\" alt=\"FILE. Airbus A320neo leased by Aviation Capital Group to Scandinavian Airlines, 2023\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Scandinavian Airlines bets on recovery with \u20ac8.75bn Airbus jet order<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2905806-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2905806\" data-cid=\"9817479\" data-part-label=\"Partner content\">\n<figure id=\"abe-2905806-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/74\/79\/480x270_cmsv2_518ed09a-668c-5c2f-a90b-a8a50783f62d-9817479.jpg\" loading=\"lazy\" alt=\"FILE. The logo for British American Tobacco appears above a trading post on the floor of the New York Stock Exchange, Jul. 2017\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Lucky Strike maker BAT to axe 5,500 jobs worldwide in \u20ac695m cost drive<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2905748-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2905748\" data-cid=\"9817179\" data-part-label=\"Partner content\">\n<figure id=\"abe-2905748-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/71\/79\/480x270_cmsv2_2a8ab975-6373-5333-a028-79ce650c548c-9817179.jpg\" loading=\"lazy\" alt=\"People participate in a march to protest the opening of AI data centers in Vancouver, British Columbia, 27 June 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The AI boom could trigger the next crash, central banks warn<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Japanese economy<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Yen<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Japan<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Currency<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  monetary policy<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" 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src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2904805-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2904805\" data-cid=\"9812928\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where do workers lose the biggest share of their salaries in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span 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src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2906075-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2906075\" data-cid=\"9818973\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906075-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/89\/73\/480x270_cmsv2_e61f5e25-6e45-5fca-8515-e3114dc6794d-9818973.jpg\" loading=\"lazy\" alt=\"FILE. Airbus A320neo leased by Aviation Capital Group to Scandinavian Airlines, 2023\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Scandinavian Airlines bets on recovery with \u20ac8.75bn Airbus jet order<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2905806-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2905806\" data-cid=\"9817479\" data-part-label=\"Partner content\">\n<figure id=\"abe-2905806-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/74\/79\/480x270_cmsv2_518ed09a-668c-5c2f-a90b-a8a50783f62d-9817479.jpg\" loading=\"lazy\" alt=\"FILE. The logo for British American Tobacco appears above a trading post on the floor of the New York Stock Exchange, Jul. 2017\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Lucky Strike maker BAT to axe 5,500 jobs worldwide in \u20ac695m cost drive<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2905748-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2905748\" data-cid=\"9817179\" data-part-label=\"Partner content\">\n<figure id=\"abe-2905748-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/71\/79\/480x270_cmsv2_2a8ab975-6373-5333-a028-79ce650c548c-9817179.jpg\" loading=\"lazy\" alt=\"People participate in a march to protest the opening of AI data centers in Vancouver, British Columbia, 27 June 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The AI boom could trigger the next crash, central banks warn<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906343-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2906343\" data-cid=\"9820448\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906343-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/04\/48\/320x180_cmsv2_dfe9863b-cd0b-5e42-801f-3ab81b00c096-9820448.jpg\" loading=\"lazy\" alt=\"A shopper shops at a grocery store in Schaumburg, Ill., Thursday, May 14, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Inflation tumbled in June: where did prices cool the most in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906460-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2906460\" data-cid=\"9821020\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906460-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/10\/20\/320x180_cmsv2_3555707b-cf05-57f8-8348-102574ac067e-9821020.jpg\" loading=\"lazy\" alt=\"Andrew Bailey (BoE), Christine Lagarde (ECB), Tiff Macklem (BoC), Kevin Warsh (Fed), and Sara Eisen at the ECB Forum in Sintra, Portugal on 1 July 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US Fed to make a decision on rate hike in four weeks, Warsh says<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906443-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2906443\" data-cid=\"9820920\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906443-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/09\/20\/320x180_cmsv2_969e754f-3b1d-51ac-a094-a285674b5dd5-9820920.jpg\" loading=\"lazy\" alt=\"FILE. Klarna CEO Sebastian Siemiatkowski and company Chairman Michael Moritz shake hands as they ring the New York Stock Exchange opening bell, Sept. 2025\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Google ordered to pay Klarna \u20ac1.7 billion over search abuse<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906336-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2906336\" data-cid=\"9820428\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906336-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/82\/04\/28\/320x180_cmsv2_6a4187d7-5647-55d6-9ec9-25aa4bbe3669-9820428.jpg\" loading=\"lazy\" alt=\"US President Donald Trump smiles as he meets with NATO Secretary General Mark Rutte in the Oval Office at the White House, 24 June 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Trump made over \u20ac1 billion from crypto in first year back in office<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2906160-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2906160\" data-cid=\"9819521\" data-part-label=\"Partner content\">\n<figure id=\"abe-2906160-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/81\/95\/21\/320x180_cmsv2_2963c6b9-5f0e-58f1-b0e6-bdff1d26c718-9819521.jpg\" loading=\"lazy\" alt=\"The logo of Euronext is pictured at its headquarters in the La Defense business district in Courbevoie near Paris, France, Wednesday, 1 March 2023.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    \u20ac37tn in savings: Why EU countries resist a unified capital market?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2904805-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2904805\" data-cid=\"9812928\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where do workers lose the biggest share of their salaries in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2904094-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2904094\" data-cid=\"9809129\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Which European countries are the cheapest and most expensive?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2904959-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2904959\" data-cid=\"9813834\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Which European cities require nearly 19 years of income to buy a home?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2905995-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2905995\" data-cid=\"9818533\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Air tourism pushes average rent in Spain up by \u20ac236<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2898832-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2898832\" data-cid=\"9782942\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Charting the Path Forward: AIIB President Zou Jiayi on Sustainable Infrastructure in Asia and Beyond<br \/>\n  <\/h3>\n<div class=\"the-media-object__quote\">Partner content presented by <strong>AIIB<\/strong><\/div>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">The Japanese yen fell to around 162.4 per dollar in Asian trading on Tuesday morning, its lowest level since 1986.The drop extends a punishing run for the yen, which has kept weakening despite the Bank of Japan&#8217;s efforts to support it, and now revives the prospect that the authorities will step into the market directly.Japan&#8217;s finance minister, Satsuki Katayama, has already responded to the situation by stating that the government was ready to take &#8220;appropriate&#8221; and even &#8220;decisive&#8221; action against excessive currency moves, adding that she had confirmed with Washington that such a step remained an option.Traders are now watching closely for any sign that Tokyo is selling US dollars to prop up the yen, as it did in the spring.At the heart of the weakness is the current wide gap between Japanese and American interest rates.Even after the Bank of Japan raised its benchmark to 1% in mid-June, its highest since 1995, Japanese yields remain far below those in the US, where ten-year government bonds have recently paid around 4.5%, compared with roughly 2.6% in Japan.That gap sustains the so-called carry trade, in which investors borrow cheaply in yen to buy higher-yielding assets elsewhere, continually pushing the currency down.A robust dollar has compounded the pressure.The greenback has drawn safe-haven demand from tensions around the conflict involving Iran, while expectations that the US Federal Reserve could raise rates later this year, even as the Bank of Japan moves cautiously, have widened the divide further.Japan&#8217;s heavy reliance on imported energy, which is costlier amid elevated oil prices, has also added to demand for US dollars.A test for TokyoThe renewed slide is a headache for policymakers who have already thrown considerable firepower at the problem.Between April and May, Japan spent a record \u00a511.7 trillion (\u20ac63.3bn) intervening in currency markets, the largest such effort on record, yet the Japanese yen has continued to weaken.Domestic politics has not helped, with the big-spending, growth-focused agenda of Prime Minister Sanae Takaichi raising doubts about Japan&#8217;s fiscal discipline.Analysts say the immediate risk of intervention is high, given that speculative bets against the Japanese yen have climbed to multi-year peaks and a fresh four-decade low tends to sharpen political anxiety in Tokyo.However, many doubt that buying the currency would reverse its course for long, since the underlying rate gap remains firmly against it.The Bank of Japan&#8217;s next policy decision, due on 31 July, is now in sharp focus, with further rate rises seen as the more durable route to stemming the decline.For now, the Japanese yen remains at the mercy of forces its central bank has struggled to control.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/06\/30\/japanese-yen-sinks-to-40-year-low-against-the-us-dollar-as-intervention-looms&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/81\/85\/96\/1200x675_cmsv2_ce898169-4497-5f19-bdf6-b4921361b84a-9818596.jpg&#8221;] The Ring MEPs clash in The Ring over the way forward after Europe&#8217;s heat dome Europe News Man charged with sabotage of Nord Stream gas pipeline in German court Europe News Albania NATO summit in balance as US slams security &#8216;free riders&#8217; World News Planned 1.7 million satellites &#8216;devastating&#8217; for astronomy, study [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2021765","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2021765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2021765"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2021765\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2021765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2021765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2021765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}