USD And JPY: Trump, Bessent Intervene to Rescue a Weakening Japanese Yen

President Donald Trump and Treasury Secretary Henry Bessent announced coordinated intervention in foreign exchange markets on behalf of the Japanese yen. The intervention was aimed at stabilizing the yen's decline against the U.S. dollar. Japan's Finance Ministry confirmed participation in the coordinated action, marking one of the largest multilateral currency interventions in recent years.

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