Joint Japan-U.S. Currency Interventions Look Possible -- Market Talk

Dow Jones03-30 18:33

1033 GMT - Joint Japan-U.S. interventions to strengthen the Japanese yen against the dollar after recent falls shouldn't be ruled out, Commerzbank's Thu Lan Nguyen says in a note. In January Treasury Secretary Scott Bessent pushed back against speculation of such interventions but this came as the dollar fell, she says. The conditions for coordinated inventions now appear more favorable as the dollar is appreciating, she says. A meeting of G-7 central bank chiefs and energy and finance ministers Monday could provide a good opportunity for Japan's Finance Minister Satsuki Katayama to bring Bessent on board, she says. The dollar falls 0.4% to 159.64 yen after interventions threats from Japanese officials, having reached a 20-month high of 160.46 overnight, according to LSEG.(renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

March 30, 2026 06:33 ET (10:33 GMT)

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