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US Treasury Secretary Bessent: Friday’s coordinated FX moves curbed disorderly yen swings

US Treasury Secretary Bessent: Friday’s coordinated FX moves curbed disorderly yen swings

DXY

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11:02:25 PM UTC
SquawkNews
Treasury Remains In Close Communication With Japan's Finance Ministry And BoJ - Says US Will Not Hesitate To Participate In Further Joint FX Intervention - Strongly Supports Japan's Decisive Market And Monetary Steps To Correct The Yen's Substantial Undervaluation - Says FIMA Repo Facility Is An Important Backstop And Should Be Expanded In The Coming Months

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