Japanese Yen Increases USD/JPY Drops Below 159 Amid Intervention Speculation

Published: Sep 3, 2026 19:00

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[SMM Precious Metal Express] The Japanese yen spiked sharply during Wednesday's trading, with USD/JPY falling below 159 and closing down 0.92% at 158.69, sparking speculation of Japanese currency intervention. The dollar index also dropped sharply, with a weaker dollar environment providing support for precious metals.

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