💱US Dollar/Japanese Yen FX Spot Rate
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Japan and US reaffirm possible FX intervention, raising yen intervention risk
Impact on assets 1
Others
BNY's Geoff Yu highlights rising Japanese Yen intervention risk after Finance Minister Satsuki Katayama's call with U.S. Treasury Secretary Scott Bessent. Japan and the U.S. reaffirmed a shared stance that bold FX action remains possible, even as Katayama avoided commenting on current levels.
Japan and US reaffirm possible FX intervention, raising yen intervention risk