US Dollar Falls After US-Japan Yen Intervention. Forecast as of 03.08.2026

The market has a long memory. Whenever comparisons are made to the 1985 Plaza Accord, expectations of coordinated intervention tend to spark selling of the US dollar—not only against the Japanese yen, but across a broad range of global currencies. Let's examine the situation and develop a trading plan for the EUR/USD pair.Major Takeaways Fed officials are ready to raise rates. The US has returned to diplomacy in the Middle East. Currency interventions have weakened the dollar. Long positio