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Story summary
- The United States and Japan intervened on Monday August 3 2026, lifting the yen to 156.77 per dollar.
- U.S. President Donald Trump said the United States was helping Japan prop up the yen.
- Treasury Secretary Scott Bessent said the United States may expand the Federal Reserve (Fed) repurchase facility.
- Japan's finance ministry warned it will act further as a regulator reported short yen positions of $12.5 billion.
