Reported about 10 hours ago
As Japan's Finance Minister Katsunobu Kato prepares to meet with U.S. counterpart Scott Bessent, the focus on the yen reveals Tokyo's reluctance to engage in any direct currency interventions or significant interest rate adjustments. Although there are expectations of U.S. pressure to strengthen the yen against the dollar, analysts suggest little actionable strategies exist for both countries. They may instead aim for a mutual understanding on currency management without implementing drastic measures.
Source: YAHOO