# Japan finmin warns markets as yen nears intervention danger zone

> Japan's finance minister said on Tuesday that authorities will not rule out any options to address excessive currency volatility. The yen had slipped toward 150 per dollar, a level markets see as a red line for intervention, after reaching 149 for the first time since October 2022. Japan intervened last September when the yen hit 145.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/34348-japan-finmin-warns-markets-as-yen-nears-intervention-danger-zone
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Intervention threats raise near-term volatility in the yen and dollar, which affects the cost of imported feed ingredients for Japan and the broader dollar-based price structure for grains and meals.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/japan-finmin-warns-markets-yen-nears-intervention-danger-zone-2023-09-26/

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