Global FX: Yentervention and other FX policy stories

About this episode

JPMorgan’s FX strategists discuss the outlook for currencies following the Japanese MOF’s FX intervention and upcoming political visits to Asia.

JPMorgan’s FX strategists discuss the outlook for currencies in the wake of the Japanese MOF’s FX intervention, ahead of President Trump and Secretary Bessent’s visit to Asia next week. This podcast was recorded on 08 May 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5290421-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party.

Topics covered

• FX intervention
• currency outlook
• Japanese economy
• US-Asia relations
• financial strategy

Keywords

• FX policy
• currency
• JPMorgan
• Japan
• Trump
• Bessent
• financial markets

Mentioned in this episode

Organizations: JPMorgan, Japanese MOF

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