Japan’s currency remains under pressure near four-decade lows, raising concerns over higher fuel-import costs amid the energy shock. A rare joint U.S.-Japan intervention, along with U.S. Treasury Secretary Scott Bessent’s reported focus on yen purchases, has helped support the currency. However, traders are watching for signs that the Bank of Japan could raise rates in September. The use of euros instead of dollars in the intervention has also raised questions about Treasury market stability and the dollar’s reserve-currency role. (Source: Reuters) Yen intervention back in focus