Yen : ce qu'il faut savoir
Analysts doubt intervention's effectiveness without policy shift.
Japan intervened to prop up the yen against the U.S. dollar on Thursday, its first official currency action in nearly two years, two sources familiar with the matter told Reuters, sending the Japanese unit currency higher by as much as 3%. Yen s'impose comme l'un des sujets qui mobilisent l'attention en Sweden ce jeudi.
Les faits
- Japan intervened to prop up the yen against the U.S. dollar on Thursday, its first official currency action in nearly two years, two sources familiar with the matter told Reuters, sending the Japanese unit currency higher by as much as 3%.
- NEW YORK >> The U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.
- U.S. dollar, euro, yen, pound, Turkish lira and yuan banknotes are seen in this illustration on March 24.
- Officials had intervened to buy the yen, two sources familiar with the matter told Reuters, after it hit its weakest level against the dollar since July 2024.
- The dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.
L'essentiel
Dans le détail, NEW YORK >> The U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.
Sur le fond, U.S. dollar, euro, yen, pound, Turkish lira and yuan banknotes are seen in this illustration on March 24.
Concrètement, Officials had intervened to buy the yen, two sources familiar with the matter told Reuters, after it hit its weakest level against the dollar since July 2024.
Au-delà de ce constat, the dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.
Reste à préciser que High oil prices a big challenge for yen, Japanese economy.
Les chiffres
À noter par ailleurs : a journalist since 2005, I joined Reuters in 2025 from the Asahi Shimbun.
Plus précisément, agoBrazil plans hike in ethanol mix in gasoline to 32% as Lula flags biodiesel blend rise.
Dans la foulée, agoHigher oil prices fail to lift Pemex as Q1 loss hits $2.6 billion.
À ce stade, the dollar index was down 0.70% at 98.17, on track to snap two straight sessions of gains.

Ce qui se dit
“It’s not really a surprise, plus the fact that the yen was in its own world as a currency during the last four weeks or so, and the intervention is pretty understandable,” Velis said.
“It’s pretty obvious given the discussion from the ministry of finance about potential intervention,” said John Velis, Americas macro strategist at BNY.
Le contexte
Reste à préciser que the U.S. dollar fell sharply against the yen today after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency, while oil prices retreated from four‑year highs as investors assessed risks from the war in the Middle East.
À noter par ailleurs : Japanese Finance Minister Satsuki Katayama said earlier today that the time to take “decisive” action in the market was nearing, in her strongest signal yet of potential currency intervention to prop up the sagging yen.
Plus précisément, the European Central Bank left interest rates unchanged, as expected, but extensively debated a hike to combat soaring inflation, which jumped to 3% in April, above the ECB’s 2% target.
Dans la foulée, the euro rose 0.44% against the dollar to $1.1725.
À ce stade, Brent crude prices fell 3.34% to $114.09 per barrel after rising for eight consecutive sessions.
Recherches associées
Plusieurs requêtes connexes accompagnent ce sujet : Le Japon intervient sur le marché des changes pour contrer la dépréciation du yen - sources • MARCHÉS MONDI AUX-Les marchés subissent un choc alors que les cours du pétrole reculent après avoir atteint le • Selon certaines sources, le Japon intervient sur le marché des changes pour la première fois depuis deux ans a • Le yen propulsé par une probable intervention du Japon sur le marché des changes... • Devises : le Yen redevient 'politique' et bondit de 2,5% contre $ • Le yen dopé par une possible intervention sur le marché des changes.
À retenir
- The dollar fell by as much as 3% against the yen to 155.5 yen, making for the largest single-day drop since late December 2024.
- A journalist since 2005, I joined Reuters in 2025 from the Asahi Shimbun.
- The dollar index was down 0.70% at 98.17, on track to snap two straight sessions of gains.
- Recherches qui explosent : Le Japon intervient sur le marché des changes pour contrer la dépréciation du yen - sources, MARCHÉS MONDI AUX-Les marchés subissent un choc alors que les cours du pétrole reculent après avoir atteint le, Selon certaines sources, le Japon intervient sur le marché des changes pour la première fois depuis deux ans a, Le yen propulsé par une probable intervention du Japon sur le marché des changes....



