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Yen's Best Day in Two Weeks: Is Intervention Risk Now the Real Ceiling?

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BeInCrypto Editorial
(08:10 AM UTC)
1 min read
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Approved byOlivia Bennett

The Japanese yen posted its steepest daily gain in over two weeks on Friday, strengthening as much as 0.6% to 157.95 per dollar after Finance Minister Satsuki Katayama’s latest warning kept traders wary of intervention.

Katayama said US President Donald Trump raised concerns about the weak yen directly with Japanese Prime Minister Sanae Takaichi during a meeting in New York this week, a detail…

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