Published: 2026-04-10T04:07:45.000Z
USD/JPY flows: Jawboning
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Japan FM Katayama says govt ready to take decisive action but won’t elaborate
As USD/JPY resume upward traction, we are hearing from Japan FM Katayama that government is ready to take decisive action. At the same time, Japan announced they plan to release more oil reserves and shifting supply away from Hormuz routes.
USD/JPY is trading 0.14% higher at 159.15.