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Satsuki Katayama

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USD Weakens, Yen Near 160; Japan Signals Intervention

Japanese Finance Minister Satsuki Katayama indicated decisive market action is imminent, suggesting possible yen support near 160 per dollar. Yen hit highest since July 2024, trading at 159.28 per dol

USD Weakens, Yen Approaches 160 Intervention

Japanese Finance Minister Satsuki Katayama signaled imminent "decisive" market action, suggesting possible yen support near 160 per dollar. The yen rose to 159.28 per dollar, its highest level since J