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The story
On the morning of September 8, 2026, Reuters flashed a report that the dollar-yen exchange rate had briefly fallen to the 152 yen range on the foreign exchange market. The sudden swing came amid a yen-weakening trend from levels of around 110 yen to the dollar just a few years earlier, and on 5ch’s Newsflash+ (Nyusu Sokuho+) thread, posters expressed surprise, asking “Did all this movement really happen from mere verbal intervention (jawboning), without any actual buying/selling?” A poll-style post asking “Where should the ideal exchange rate be?” drew a wide range of answers, from the 90s to the 170s yen range, and lively discussion also broke out over how a stronger yen would affect prices, home appliances, and NISA (Japan’s tax-free investment account) assets.
Reuters
[BREAKING] Dollar briefly falls to 152 yen range = forex market
11:23 AM · September 8, 2026
Source: x.com / Original post here
What people said
Meanwhile the tens of trillions of yen in actual intervention did nothing
Didn't they just lock in their profits? (´・ω・`)
They converted to yen right at the peak, so that's a win for them
Wasn't Takaichi the reason for the weak yen in the first place?
Before the Takaichi administration it was around 147 yen to the dollar
・170s yen
・160s yen
・150s yen
・140s yen
・130s yen
・120s yen
・110s yen
・100s yen
・90s yen
Personally I've got zero dollar positions, so even 50 yen would be fine by me (´・ω・`)
125 yen was said to be the 'Kuroda Line' that (then-BOJ governor) Kuroda was determined to defend at all costs
I'd want somewhere between 110 and 120 yen, but the auto industry would never stand for it
When do you think they actually buy the parts?
Over 70% of the iPhone's manufacturing process happens in Japan, you know?
Between the strong yen/weak dollar and inflation, it won't even be a wash — prices will actually go up
Basically, prices should come down
Actually, companies probably won't lower prices once they've already raised them
If the yen strengthens, imported goods will get cheaper lol
They'll cook up some excuse and just not lower them
Apparently it takes six months to a year for exchange rate moves to show up in prices
So give it at least six months
Just black out for 30 years — actually, keep buying more
Just sell now and buy back once the yen strengthens
Bessent probably doesn't want any more selling at this point lol
That's my read on it too
Stocks are still holding up strong though, so a lot of people probably won't have much to complain about going forward
Can't speak for anyone dollar-cost averaging in USD though
Well, 100 yen would be ideal — it's easy to do the math with that
If we can get the exchange rate down to that level without triggering high inflation, keep stock prices up, improve the birth rate, and raise food self-sufficiency, then even I'll admit Takaichi did a good job
You'll have to wait another 15 years for that…
Got it
We'll push it back to 160 starting at 15:30, so get out then
Background and Key Points of This Discussion
The dollar-yen exchange rate often swings sharply in a short span due to a mix of factors — jawboning remarks aimed at the markets from the U.S. Treasury Secretary, speculation about government intervention, and more. This drop to the 152 yen range may likewise have come not from large-scale actual intervention but from verbal remarks alone, as several posters in the thread pointed out. Opinions in the thread were split on “what level would be ideal,” ranging from hopes for a return to the 110s to a preference for keeping things as they are. One easily misunderstood point: even as the yen strengthens, it typically takes several months to a year for that to be reflected in import prices, so prices that have already risen won’t necessarily drop right away just because of currency gains. It’s also worth noting, as a practical matter, that products like the iPhone — which go through many manufacturing steps within Japan — won’t necessarily get cheaper from yen strength alone.
※This article is excerpted and summarized from the 5ch (Newsflash+) thread “[BREAKING] Dollar briefly falls to 152 yen range = forex market.”


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