# Japan says it won't rule out any steps to prop up faltering yen | Reuters

> Japan said it would not rule out any steps to support the faltering yen. Traders expect the Bank of Japan to raise rates only marginally, which keeps the Japan-US rate gap wide.

- Date: 2024-03-26 · published 2024-03-26T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/31448-japan-says-it-won-t-rule-out-any-steps-to-prop-up-faltering-yen-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A persistently wide rate gap favours a strong dollar, which tends to pressure dollar-denominated commodity prices.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/japan-finance-minister-says-he-wont-rule-out-any-steps-stem-weak-yen-2024-03-26/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.