Mr Yen says Completely untrue about media report that Bessent said stronger yen preferable

Japan top currency diplomat Mimura:

• “Completely unture” about media report that US Treasury Sec Bessent said stronger yen preferable
• No Talks About FX Target held during US-Japan FinMin talks

Atsushi Mimura is Japan’s vice finance minister for international affairs, AKA ‘top currency diplomat’. Japan’s finance ministry is the relevant authority in Japan for ordering intervention in the JPY. Mimura would be directing Bank of Japan intervention, should it come to that.

This article was written by Eamonn Sheridan at www.forexlive.com.