Japan finance minister says US Treasury’s Bessent shares concerns over weak yen

Japan's finance minister, Suzuki, shared concerns raised by US Treasury official Bessent regarding the weak yen. Bessent warned that a depreciating yen could impact the markets negatively. This statement comes at a crucial time as the yen has been falling, and while a weaker yen can boost exports, it may also lead to inflation and adversely affect consumers. Suzuki indicated that the government is prepared to intervene if necessary to stabilize the yen. The market is reacting sensitively to this announcement, with attention on its possible overall impact on the yen's position. Although no specific price levels or technical indicators were mentioned, caution regarding the ongoing depreciation of the yen is warranted.