Tokyo-based financial services firm with online trading and crypto exposure
A coordinated U.S.-Japan intervention in late July has only temporarily strengthened the yen. The currency has given back roughly half the gains from the operation and is trading near ¥159–¥160 to the dollar as of mid-August. Analysts say the yield gap between U.S. and Japanese debt and Japan's domestic policy mix are keeping downward pressure on the yen.
The Nasdaq 100 has fallen sharply, erasing trillions in value as AI-heavy tech leads the sell-off. Nasdaq down for the session; Nvidia and Tesla are among the hardest hit as regional and global markets wobble amid regulatory and growth concerns.