A significant shift occurred in currency markets on Monday, with the US dollar experiencing a sharp decline against the Japanese yen. This change came after confirmation from officials that intervention had taken place in the markets. The confirmation was made by Trump and Japan's finance minister, who acknowledged that both sides had taken action.

The details of this intervention are known to have resulted in the weakening of the US dollar against the yen. Further information on this development can be found through ABC7 Los Angeles, which reported on the incident. For more details on the market intervention and its effects, readers can refer to the original source.