Japan finance minister Kato says Japan is not devaluing the yen ...Middle East

Japan is not pursuing a policy of devaluaing the yenI have confirmed with US Treasury Secretary Bessent our basic stance on forexI won't comment on foreign leaders have to say

ICYMI over the past decade or so, Japanese authorities say super-loose monetary policy is in order to combat deflation and low inflation, the weak yen is just a side effect.

USD/JPY up

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

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