# Japan has the firepower to intervene 30 times in currency markets at last week's scale, Goldman Sachs says.

*business · news · 2026-05-04 · Bloomberg*

## Key points

- Goldman Sachs estimates Japan can intervene 30 more times at last week's scale.
- Japan likely spent about ¥5 trillion ($31.3 billion) supporting the yen last Thursday.
- Authorities acted as the yen weakened past 160 per dollar, revealing a clear defense line.
- The intervention occurred during moderate volatility, clarifying policymakers' sensitivity to specific currency levels.

**Companies:** Goldman Sachs Group Inc.
**Countries:** Japan

[Read the full story on Bloomberg](https://www.bloomberg.com/news/articles/2026-05-04/japan-can-conduct-30-more-yen-interventions-goldman-sachs-says)

---

Canonical: https://newsio.io/n/02293902-0edf-41f2-9395-20476cbdac22/japan-has-the-firepower-to-intervene-30-times-in-currency-markets-at-last-weeks
Summarized by Newsio from Bloomberg. https://newsio.io/how-it-works