AdvertisementBusinessMarketsCurrencies Opinion The real reason Trump just rushed to help Japan Stephen Bartholomeusz Senior business columnist August 4, 2026 — 9:57amAugust 4, 2026 — 9:57am Save You have reached your maximum number of saved items. Share A A AThe joint Japanese and American intervention in currency markets to prop up the Japanese yen seems to have worked, for the moment at least. AdvertisementWith Japan’s interest differentials widening against the rest of the world, it is the currency that has had to absorb the pressure. AdvertisementInstead of using the dollar as the funding currency for buying yen, he used euros. The BoJ and US Treasury are buying Japan time.