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US Treasury Secretary Scott Bessent said Washington strongly supports Japan's measures to address yen weakness after meeting BOJ Governor Kazuo Ueda on the sidelines of the G20 finance ministers and central bank governors meeting in Asheville, North Carolina. Explicit US endorsement lowers the political cost of BOJ tightening or MOF intervention, which pressures USD/JPY lower and revives yen carry-unwind risk, a channel that has repeatedly hit high-beta assets including BTC and ETH alongside NASDAQ leadership. The confirmation to watch is the BOJ's next policy meeting and whether the rate-hike path is pulled forward; without follow-through in yields or actual intervention, the yen move stays rhetoric-driven and reversible.
As a Forex signal, watch whether it changes price action, volatility, or flows around JPY=X, BTC, IXIC.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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