US confirms rare yen intervention alongside Japan
President Donald Trump said the United States bought the Japanese yen for the first time in more than a decade as a signal of friendship. Treasury Secretary Scott Bessent reiterated US support for stabilizing the yen, saying yen weakness contributed to Japan's inflation and raised broader Asian depreciation risk.
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@DustyBC
🚨𝗝𝗨𝗦𝗧 𝗜𝗡: 🇺🇸🇯🇵 US Treasury Secretary Bessent has urged the Fed to help defend the Japanese yen. Bessent requested the Fed to expand its FIMA dollar lending facility, allowing the Bank of Japan to support the yen without selling US Treasuries. https://t.co/MB6DWK35gi
@FXEmpirecom
🚨 Two key comments from US Treasury Secretary Scott Bessent this morning on TV: 1. “We may have an Iran deal tomorrow to open Hormuz” → Oil already sliding hard on the headlines 2. On yen intervention: “The US will do whatever it takes to support the Japanese yen” Japan's https://t.co/qsY1igzGR3
@GlobalMacroSigs
Two separate headlines rhyme: buy yen, open Hormuz. 🛢️ One targets the FX inflation channel. Bessent said yen weakness contributed to Japan inflation and raised broader Asian depreciation risk. He also said the US bought yen alongside Japan to curb volatility and reduce Asian https://t.co/WXwTGzUzMO
@nihalzenginn
SON DAKİKA: 🇺🇸Hazine Bakanı Scott Bessent, daha zayıf yenin Japonya'nın enflasyonunu körüklediğini ve diğer Asya para birimlerini aşağı çekme riski taşıdığını söylüyor, para birimini istikrara kavuşturma çabalarına ABD desteğini yineleyerek, Bloomberg'e göre. https://t.co/W9GanA0qem
@dxbcrypto121
The situation in Japan has become one of the most important macro risks facing global markets. The United States bought the Japanese $JPY for the first time in more than a decade as “a signal of friendship,” President Donald Trump said Sunday. The rare bilateral intervention https://t.co/47I2VcQnnU
@coinbureau
TODAY: 🇺🇸🇯🇵Treasury Secretary Scott Bessent says the U.S.-Japan alliance is built on the strong relationship between President Trump and Prime Minister Sanae Takaichi. He added that Japan is making “serious efforts” to address the yen’s substantial undervaluation. https://t.co/Jzz7Msb92D
@detroitnews
Treasury Secretary Bessent: Will do whatever it takes to support Japan https://t.co/lUp4xATPse
@Reuters
US will do 'whatever it takes' to support Japan after yen intervention, Bessent says https://t.co/4IlenOsHG4 https://t.co/4IlenOsHG4