Japan's Yen Hits 34-Year Low, Sparks Intervention Warnings
===============
#080c8e6b ver:1.22
The Japanese yen has reached a 34-year low against the US dollar, trading at 151.97 yen per dollar in the Asia session. This marks a decline of about 0.2% and is the weakest level since the mid-1990s . The yen's depreciation has drawn comparisons to Japan's intervention in the foreign exchange market in 2022 when authorities defended the currency at 151.94 yen per dollar. Japanese Finance Minister Shunichi Suzuki has issued a warning, stating that Japan would take 'decisive steps' against excessive currency moves .
Japan's finance minister has stated that authorities could take 'decisive steps' against the weakness of the yen after the currency fell to a 34-year low against the US dollar. The Bank of Japan, the Finance Ministry, and Japan's Financial Services Agency will hold a meeting t...
#newstr #JapaneseYen #UsDollar #CurrencyExchangeRates #BankOfJapan #UsData #CurrencyForecast #UsMonetaryPolicy #GlobalInvestorSentiment #Forex #UsInflationData