The yen rose against the dollar in the New York foreign exchange market on the 25th, temporarily reaching ¥156.94 to the dollar. The article reports views warning of coordinated Japanese-U.S. exchange-rate action.
The yen rose against the dollar in the New York foreign exchange market, strengthening to ¥156.94 at one point. Market participants are closely watching developments surrounding coordinated Japanese-U.S. exchange-rate action.
The article refers to remarks by Prime Minister Takaichi Sanae (高市早苗) in the context of her relationship with U.S. President Trump, and conveys the view that the market is wary of a coordinated Japanese-U.S. stance as a driver of exchange rates.