Japan's intervention on the yen this time was actually tacitly approved by the United States. That's interesting.

CoinWorld News, Japan's top foreign exchange official Atsushi Mimura stated that the foreign exchange market intervention Japan implemented over the past two months to support the yen has been successful and has received support from some U.S. officials. He pointed out that judging from market trends, the intervention was clearly meaningful and said that the United States has never opposed Japan's approach, but instead has expressed some supportive remarks. When Mimura spoke, the yen fell to a 40-year low against the U.S. dollar, increasing the risk of inflation in Japan. He emphasized that communication with Washington has been frequent, saying that the frequency of contact with the other side is much higher than outsiders imagine.