The confirmation of continued JPY/USD intervention between Japan and the US suggests sustained pressure on the dollar's recent rally. With Treasury Secretary Bessent coordinating with Finance Minister Katayama, official intervention likely targets an immediate correction in FX volatility rather than long-term structural shifts. Market depth and order book liquidity will determine if this policy stance actually stabilizes rates or merely delays inevitable market adjustment. Does the timing align with specific US Treasury auction cycles or just general dollar weakness?
评论