Loading…
Loading…
Connect scattered updates into a story you can understand.
BlockBeats reported that Trump expressed concern about the yen’s depreciation during a meeting with the Japanese prime minister; Japan’s finance minister said it would communicate closely with the U.S. on issues including foreign exchange. After the remarks, the yen rose temporarily,USD against the yen fell to 156.98 nearby.
The yen has weakened for consecutive 2 weeks and is approaching the 160 threshold, drawing renewed market attention to the possibility of FX intervention by Japan.