EPISODE · Aug 7, 2026 · 13 MIN
US joining JPY intervention matters but policy & fundamentals matter more
from The MUFG Global Markets Podcast · host MUFG EMEA
Derek Halpenny, Head of Research Global Markets EMEA & International Securities sits down with James Roulston in FX Institutional Sales to discuss the FX and rates impact following the much weaker than expected US jobs report. Derek also outlines the implications for USD/JPY following the joint intervention last week and highlights using historic examples why joint intervention matters but policy and fundamentals matter more.
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US joining JPY intervention matters but policy & fundamentals matter more
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