Yen surges as Japan reportedly intervenes to counter currency weakness

A woman walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on April 28, 2026. Kazuhiro Nogi | Afp | Getty Images Japan's yen surged by as much as 3% on Thursday, the most in a day in over three years, driven by what one report attributed to the first official intervention in the markets since 2024 to lift the currency. …