Japan says Scott Bessent offered ‘understanding’ on yen policy
Currency weakens after US Treasury secretary meets finance minister Satsuki Katayama
Currency weakens after US Treasury secretary meets finance minister Satsuki Katayama

US Treasury secretary’s comments mark rare intrusion into Asian ally’s monetary policy

Japan’s finance minister had issued ‘final’ warning to speculators

Traders see higher potential for government intervention to support currency

Greenback rebounds after Treasury secretary rejects speculation that Washington is intervening to boost yen

Weakness to bolster Prime Minister Sanae Takaichi’s case for further stimulus to support struggling households

Yen and equities steady one day after hawkish comments from BoJ governor