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Japan Chief Cabinet Secretary Kihara: Warns of intervention to support Yen

Japan Chief Cabinet Secretary Kihara: Warns of intervention to support Yen

101 finance101 finance2026/01/14 08:03
By:101 finance

Japan Chief Cabinet Secretary Seiji Kihara said during European trading hours on Wednesday that the government could intervene due to one-way excessive moves against the Japanese Yen (JPY).

Additional remarks

Will take appropriate action against excessive moves.

Important for currencies to move in stable manner reflecting fundamentals.

I won't comment on forex.

Market reaction

There seems to be no significant impact of Japan Kihara’s comments on the Japanese Yen. As of writing, USD/JPY trades close to one-and-a-half-year high of 159.45.

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