Japanese yen stabilizes after suspected intervention.

Japanese yen stabilizes after suspected intervention. The yen strengthened slightly in Asian trading, appreciating 0.1% to 156.885 against the dollar following suspected intervention by Japanese authorities last week. This marks the first yen-buying activity in two years, with the currency gaining 1.4% over the past month largely due to Thursday's intervention. Tokyo officials declined to confirm the action, but analysts question whether unilateral intervention will prove effective long-term. The critical question now centers on whether the U.S. will join Japan's efforts to support the yen, as bilateral intervention becomes increasingly likely if weakness persists. Markets remain cautious amid geopolitical tensions. Meanwhile, the Australian dollar advanced ahead of the Reserve Bank's policy decision expected Tuesday, with analysts anticipating a cash rate increase to 4.35%.