Japan won't hesitate to act again after joint yen intervention with US: Katayama

Currencies Japan won't hesitate to act again after joint yen intervention with US: Katayama

Tokyo wanted 'little bit of help' on yen from US, Trump says after intervention

Japan's Finance Minister Satsuki Katayama speaks to the media about the U.S.-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo on Aug. 3. © Reuters

TOKYO -- Japan and the U.S. conducted a coordinated intervention to support the yen on Friday, Japan's Finance Ministry officially confirmed Monday morning, marking the first time since 2011 that the two countries stepped in together to move the currency market.