Yen Jumps 0.8% in Asia Trading, Putting Investors on High Alert

MarketsCurrenciesYen Jumps 0.8% in Asia Trading, Putting Investors on High AlertFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Ruth Carson and Matthew BurgessMay 4, 2026 at 4:39 AM UTCBookmarkSaveThe yen jumped in Asia on Monday, as traders remained on edge over the potential for Japanese authorities to step back into the market after last week’s intervention to curb declines.The currency rose as much as 0.8% to 155.72 per dollar in thin holiday trading before retracing most of those gains. The move comes after Japan likely spent around ¥5.4 trillion ($34.5 billion) last week to support the yen — a warning shot to traders after it had weakened past 160 per dollar.