Published: 2026-03-04T05:46:50.000Z
USD/JPY flows: Verbal Intervention Surfaces
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Japan finance minister Katayama verbally intervene
As USD/JPY rises past February high (157.66) and quickly approaching annual high (159.45), we are hearing from Japan finance minister Katayama "It would be desirable for currencies to move in stable manner reflecting fundamentals". Classic verbal intervention but does not seem to indicate any imminent intervention idea.
USD/JPY is trading 0.04% lower at 157.61.