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Yen rallies after Bessent’s Abenomics comment

The currency gained after U.S. and Japanese officials signaled support, with traders pricing in a 98% chance of a Bank of Japan rate increase.

Summary by The Japan Times
Japan's currency is back below ¥158 to the dollar for the first time since early August.

4 Articles

CNBCCNBC
Lean Left

Yen jumps to one-month high as traders weigh chance of further intervention

U.S. Treasury Secretary Scott Bessent told CNBC on Monday he believed Japanese authorities would take action to lead to a stronger yen.

·Englewood Cliffs, United States
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Zero HedgeZero Hedge
Right

Yen Suddenly Surges To Bessent Intervention Highs... No One Knows Who/Why...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

·Sofia, Bulgaria
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The Japan TimesThe Japan Times
Reposted by
BizTocBizToc
Center

Yen rallies after Bessent’s Abenomics comment

Japan's currency is back below ¥158 to the dollar for the first time since early August.

·Chiyoda, Japan
Read Full Article
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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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The Japan Times broke the news in Chiyoda, Japan on Thursday, September 3, 2026.
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