{
  "id": 67205,
  "title": "Trump says US support for Japanese yen a 'signal of friendship'",
  "url": "https://urgent.news/2026/08/03/trump-says-us-support-for-japanese-yen-a-signal-of-friendship",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-03T03:05:44.000Z",
  "source": {
    "name": "Le Monde English",
    "slug": "le-monde-english",
    "url": "https://www.lemonde.fr/en/international/article/2026/08/03/trump-says-us-support-for-japanese-yen-a-signal-of-friendship_6756099_4.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The US Treasury, in collaboration with Japan, intervened to support the Japanese yen for the first time in nearly three decades. According to France 24 and Free Malaysia Today, President Donald Trump described this move as a \"signal of friendship\" that would benefit both the US and the global economy.\n\nThe intervention involved the Federal Reserve Bank of New York selling euros to buy yen on behalf of the US Treasury, as reported by Le Monde English and Free Malaysia Today. Trump stated that the US would see a financial benefit from the move and that it was also good for the world economy, but emphasized that it was primarily a gesture of friendship, citing the strong relationship between the US and Japan.\n\nTrump also mentioned that Japan had been good to the US, except for the Pearl Harbor incident, and that the US was always there to help Japan, especially when it needed support with its weakening yen. The yen had slid to 163.24 per dollar last month, its weakest level since 1986.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Trump says US support for Japanese yen a ‘signal of friendship’",
        "url": "https://urgent.news/2026/08/02/trump-says-us-support-for-japanese-yen-a-signal-of-friendship",
        "published": "2026-08-02T22:52:00.000Z"
      },
      {
        "outlet": "France 24",
        "title": "Trump says US backed Japanese Yen in rare currency intervention",
        "url": "https://urgent.news/2026/08/02/trump-says-us-backed-japanese-yen-in-rare-currency-intervention",
        "published": "2026-08-02T23:19:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}