Japan finmin Kato: no current plans for specific foreign-exchange discussions with Bessent ...Middle East

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Japan finmin Kato: no current plans for specific foreign-exchange discussions with Bessent

Japan finmin Kato:

Will work on negotiations with us on tariffsNot decided whether to attend G20 meetings in South AfricaExpect us stance to change as we continue trade negotiationsWill take necessary steps to help industries cope with US tariffs while communicating with other agenciesHave deepened understanding with Bessent on forex, will continue close coordinationno current plans for specific foreign-exchange discussions with U.S. Treasury Secretary Scott Bessent.

Kato enjoys dropping Bessent's name into his remarks, it usually causes a scramble to unwind market positioining in the yen.

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

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