Japan finmin Kato: Important for currencies to move in stable manner reflecting fundamentals

  • Will take appropriate action against excessive moves

Kato's comments come as the yen is seeing another bout of weakness on the day:

usdyen kato fx intervention 24 March 2025 2

The above is an hourly candle chart showing USD/JPY just under 150.00. That's well loweeer than it shighs early thins year around 158.

Source: Forex Live