Japan finance minister Kato with the remarks.
Yesterday the reasonably unremarkable news that Kato had met with Bessent kicked the legs out from under the yen for an hour or so, As I said in the wrap:
It all soon retraced to lows around 142.80 or so heading into Europe time ... but JPY has weakened again overnight:
Forexlive Americas FX news wrap: Yields reverse lower, bitcoin hits record near $112KEyes on CPI data from Japan due today for the next (known!) catalyst:
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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