Japan Keeps Close US Contact as Yen Weakness Persists, Says Katayama

3 articles · Updated · Bloomberg · Apr 24

Japan’s Finance Minister Satsuki Katayama stated that Japanese and US officials remain in constant contact regarding the yen’s weakness.
Katayama emphasised Tokyo’s high alert over speculative moves in the currency market and reiterated the potential for further intervention if necessary.
She noted that previous interventions have been effective, signalling authorities’ readiness to act again to stabilise the yen.

Will Japan act alone to defend the yen, or is a secret US-Japan currency pact already in place?

Can the Bank of Japan's hawkish stance save the yen while the Fed's rates remain 'higher-for-longer'?

As Mideast tensions mount, is the yen losing its traditional status as a safe-haven currency for good?

What specific market event will finally force Japanese authorities to pull the intervention lever?

Could Japan's plan to short oil futures be its real weapon against the yen's historic slide?