Recap - Japan's Finance Minister warns against speculative yen selling ...Middle East

Japan verbal intervention to support the yen - Fin Min Kato will take action

Japan's Finance Minister Katsunobu Kato reiterated concerns about speculative yen selling as the currency hit 158.40 per dollar. This is not far from 160, a level that triggered intervention six months ago.

USD/JPY rose to its strongest since July, supported by higher U.S. Treasury yields. The yen has remained under pressure due to widening U.S.-Japan interest rate differentials, with limited prospects for narrowing in the near term. This pressure is exacerbated by uncertainty surrounding U.S. President-elect Donald Trump's tariff policies, which could lead the Federal Reserve to maintain higher interest rates.

USD/JPY up

This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about recap japan s finance minister warns against speculative yen selling was published today ( Tuesday 07/01/2025 - 06:14 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Recap - Japan's Finance Minister warns against speculative yen selling )

Also on site :

• Vue Cinema Chain Halts Liquidation Threat From Coca-Cola Bottling Giant After Settling Unpaid Bill
• 'Dancing With the Stars' Tour Forced to Reschedule Show Due to Impending Snowstorm
• ‘90s Rocker Announces Book Tour in Support of ‘Refreshingly Pure of Heart’ Memoir