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Mmastodon BusinessFinance first seen 5 h ago, last 1 h ago, peak #5

Japan Reaffirms US Coordination on Yen Stability

Original: Japan Finance Minister Reaffirms U.S. Coordination on Yen Stability https://www.wsj.com/finance/currencies/japan-finance

Japan's finance minister has reaffirmed that Tokyo and Washington remain coordinated on currency issues, including yen stability, amid ongoing sensitivity over exchange-rate movements. The statement signals continued close communication between the two governments at a time when the yen's weakness against the dollar keeps intervention speculation alive in currency markets.

Why now: The yen's weakness keeps traders alert to any signs of possible joint currency intervention by Japan and the United States.

JapanUnited StatesJapanese Finance Ministryyen

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