The yen jumped to 156 after joint intervention. Will it weaken past 160 per dollar again before Aug 14?
100% of users predicted YES — the community missed this one. 3 predictions cast.
The yen weakened further against the dollar through mid-August 2026 but did not cross back above the 160 threshold before the August 14 deadline. Bloomberg reported the currency trading near 159.4-159.5 per dollar on August 12-13, and by Friday, August 14, Reuters reported the yen was on pace for its biggest weekly loss in three months, still hovering around 159.4, just short of 160. The slide came as the effects of the late-July joint U.S.-Japan intervention -- which had pushed the yen from about 163-164 back to roughly 155 -- faded, with underlying pressures on the currency reasserting themselves. Traders and analysts described 160 as a political "line in the sand" that could trigger renewed official buying, but that line held through the deadline. The community had unanimously (100%) expected the yen to weaken past 160 again, making this one of the larger gaps between community expectation and actual outcome in this batch.