Katayama-Bessent Talks Trigger Mild USD/JPY Pullback, But Intervention Fears Stay Contained

Wait 5 sec.

As USD/JPY marched crept closer to 2024’s 38-year highs, traders knew they were entering territory where Tokyo becomes increasingly uncomfortable. That sensitivity was evident when Japan’s Finance Minister Satsuki Katayama revealed she had held talks with U.S. Treasury Secretary Scott Bessent. The pair dipped briefly on the news, but the move quickly lost momentum. The […]The post Katayama-Bessent Talks Trigger Mild USD/JPY Pullback, But Intervention Fears Stay Contained appeared first on ActionForex.