G7 Archives - Juncture Policy

Yen Watch: Did Washington Help Tokyo Intervene on July 31?

August 3, 2026 by Walter Guevara

July 31 dollar-yen intraday path from about 158.9 to 157.6, marking a reported notepad plan, a reported bank notice, and the LSEG move; no official intervention confirmation at cutoff.

A Treasury Secretary’s notepad showing a $5-10 billion yen purchase plan, a reported Treasury bank notification, and a late-afternoon yen jump on July 31, 2026, point to possible U.S.-Japan intervention. This note is reported and developing, not confirmed. Official Japanese MOF transaction data, published with lag, is the upgrade trigger.

How the World Bank Guarantee Engine Actually Works (And What MIGA Centralization Means for EM)

June 10, 2026 by Walter Guevara

The World Bank is centralizing its guarantee platform around MIGA. Here is what it means for EM sovereign borrowers before the G7 Summit at Evian.

The CBAM Green Divide: How the EU Carbon Border Tax Locks Out EM SMEs

June 10, 2026 by Walter Guevara

The CBAM Green Divide is the structural divergence in EU market access between large EM producers with compliance infrastructure and SMEs locked out.