As the yen surges, reports suggest that Japan and the US are considering coordinated intervention, with an intervention policy to counter yen weakness expected to be announced as early as the start of next week.
The report discusses the yen's sharp rise and reports that Japan and the US are considering coordinated intervention. It does not specify the timing or scale of any intervention.
The focus ahead is expected to be the announcement at the start of next week of an intervention policy aimed at correcting yen weakness, and investors will need to monitor developments concerning the policy.