Euro tumbles against Japanese Yen amid fears of another US-Japan joint intervention

Euro tumbles against Japanese Yen amid fears of another US-Japan joint intervention

Source: EODHD - https://www.fxstreet.com/news/euro-tumbles-against-japanese-yen-amid-fears-of-another-us-japan-joint-intervention-202609020720
Published: Sep 02, 2026 3:20 AM

The Euro (EUR) is sharply down at around 184.66 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross faces intense selling pressure as the Japanese currency outperforms on fresh expectations that the United States (US) and Japan will jointly intervene again.

Market context: This update is relevant to EUR traders, with EURJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.