Dollar-yen is trading around ¥159.75. Talks between the US Treasury Secretary and Finance Minister Katayama (片山) and BOJ Governor Ueda (植田) have been reported, but details have not yet emerged.
Dollar-yen is trading broadly around ¥159.75. The market reaction has been limited because, although reports of the talks have emerged, no specific details have been disclosed.
The reported talks are said to have been attended by US Treasury Secretary Bessent, Finance Minister Katayama (片山), and BOJ Governor Ueda (植田), but the talks' formal agenda and any decisions have not been confirmed at this time.
Market participants are waiting for official announcements and further reports to assess the success or failure of the talks and their impact.