Published July 30, 2026 · 11:54 US/Eastern

United States Dollar Index slumps as suspected Japanese intervention rattles markets

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The US Dollar Index (DXY) tumbles on Thursday as a sharp surge in the Japanese Yen (JPY) fuels speculation that Japanese authorities intervened to support the currency. USD/JPY plunged nearly 480 pips, falling below the psychological 160 mark and dragging the Greenback lower across the board.

Source: www.fxstreet.com

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