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Japan and US could repeat coordinated intervention if yen weakens

The warning comes after comments from former Bank of Japan official Atsushi Takeuchi that suggest policymakers may step in again if yen pressure returns.

Reported · Written up by our desk · Central Banks

Japan and the United States are likely to repeat coordinated current market intervention if the yen comes under renewed pressure, according to a report cited by Hedgeweek that draws on comments from former Bank of Japan official Atsushi Takeuchi.

The outlet points to the possibility that both countries would coordinate again should currency moves threaten to push the yen further lower.

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