# Yen loses half of intervention gains; Aussie-yen eyes 35-year high

2026-08-07T02:51:30+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

The yen weakened to 158.45 against the dollar on Friday, losing nearly half the gains from last week’s joint US-Japan intervention that had pushed it to 155.23. The Aussie-yen pair is recovering toward a 35-year high near 114.80 as intervention effects fade and the RBA’s hawkish outlook supports the Australian dollar, according to ANZ and Credit Agricole strategists. Commonwealth Bank cautions the rally has limited room, forecasting a slide to 108. Markets now await the RBA’s August 11 decision, with swaps pricing roughly a 50% chance of a rate hike by year-end.

## Coverage

- livemint.com <https://www.livemint.com/market/yen-surrenders-nearly-half-its-gains-from-us-japan-intervention-11786062248662.html>
- livemint.com <https://www.livemint.com/market/aussieyen-is-set-to-approach-three-decade-high-analysts-say-11786311200825.html>

Tags: Bank of Japan, currency intervention, Japan, US dollar, yen
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