1239 GMT - The Japanese yen has limited scope to recover even if interventions are carried out to prop up the currency, Societe Generale strategists say in a note. The U.S. and Japan flirted with coordinated interventions after U.S. officials carried out a rate check, although actual interventions might be needed to turn around yen sentiment, they say. "Even then, without a shift in the relative growth outlook, the dollar-yen is not going to be able to fall very far." The dollar rises to a two-week high of 156.82 yen, LSEG data show. Local media reported that Prime Minister Sanae Takaichi expressed reservation about further interest-rate rises while the government nominated two academics seen favoring loose policy to the BOJ's board. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
February 25, 2026 07:39 ET (12:39 GMT)
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