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5.6

Treasury's Bessent: US yen support 'marginal' in intervention

US Treasury Secretary Bessent characterized US participation in the coordinated yen-buying intervention as 'marginal,' suggesting limited US commitment to defending the yen. This downplays the scale of US involvement and may signal reduced official appetite for further intervention, leaving yen weakness driven by fundamentals.

Dagens Industri1 day agoUS, JPCredibility 26%View source

Score Breakdown

Mosaic Score5.6
Confidence0.7
Significance0.5
Source credibility0.3

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