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Story summary
- Japan and the United States intervened, raising the yen to its six-month high against U.S. and Australian dollars.
- U.S. Treasury Secretary Scott Bessent dared traders to bet against the yen-support effort.
- Australian Bureau of Statistics reported about 1 million Australians visited Japan in 2025-26, three times a decade earlier.
- Professor Joseph Cheer warned a yen rise could shift Australian travelers toward Vietnam, South Korea and China.