US Treasury Secretary Bessent says a strong yen is desirable, signalling shift toward yen appreciation, analyst says

US Treasury Secretary Scott Bessent said a strong yen is desirable, a remark read as Washington shifting from merely curbing yen weakness toward encouraging yen strength. Analyst commentary cited by the post sees dollar-yen pinned in a 155-160 range, with intervention risk targeting 150 if 160 is retested.

Detected & updated continuously · Source: Nebula