Published: 2026-01-13T02:40:07.000Z
USD/JPY flows: More Verbal Intervention
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Japan government spokesperson says ready to respond on sharp, one-sided yen weakness
We are hearing more jawboning from Japan spokesperson, warns of “one-sided” sharp FX moves after FM Katayama released a similar rhetoric hours earlier. It is understandable as JPY is once again reaching historical low and fast approaching 2025 high against the USD just below the 159 figure.
USD/JPY did not react much to such jawboning and is still trading 0.3% higher at 158.59.