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Japan Finance Minister Reaffirms US Coordination on Yen Stability

Original: Japan Finance Minister Reaffirms U.S. Coordination on Yen Stability

Japan's finance minister has reaffirmed that Tokyo and Washington remain in close coordination on currency markets, with a focus on yen stability. The statement comes amid persistent volatility in the Japanese currency, and officials stress that excessive moves are undesirable. Markets are watching whether joint rhetoric signals possible coordinated intervention if the yen weakens sharply again.

Why now: Yen volatility and speculation about possible currency intervention keep traders focused on Japanese and US officials' comments

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Evidence

• Japan Finance Minister Reaffirms U.S. Coordination on Yen Stability · WSJ

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