My Financial News from Japan, Dollar

from Bing and Google News
Japan , Wednesday 14 October 2026

US says it agreed with Japan that dollar-yen reflects fundamentals

Published on: Wednesday 21 May 2025

US says it agreed with Japan that dollar-yen reflects fundamentals U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato agreed on Wednesday that the dollar-yen exchange rate currently reflects fundamentals, the U.S. Treasury Department said, a rare and explicit statement on the market situation. President Donald Trump's focus on addressing the huge U.S. trade deficit and his past remarks accusing Japan of intentionally maintaining a weak yen have led to market expectations that Tokyo will face pressure to strengthen its currency's value against the dollar to give U.S. manufacturers a competitive advantage.


News source: https://finance.yahoo.com/news/us-japan-finance-chiefs-current-224231835.html

Share this news on:  

RELATED NEWS

» US says it agreed with Japan that dollar-yen reflects fundamentals
» Japan's prime minister says her policies will boost confidence in the yen after U.S. intervention falls short
» Dollar Slides as Inflation Ignites, But Dip May not Last
» Japan-U.S. interest rate gaps push down yen against dollar
» Japan’s yen at risk of further fall against US dollar in 2022, say analysts

HEADLINE NEWS