# Japan says Yellen respects its decision not to disclose any FX intervention

> Japan said US Treasury Secretary Yellen respected its decision not to disclose its foreign-exchange interventions. The yen had reached 32-year lows near 152 per dollar before the suspected intervention. The exchange had raised questions about whether Japan and the US were at odds over currency policy.

- Date: 2022-10-25 · published 2022-10-25T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/39373-japan-says-yellen-respects-its-decision-not-to-disclose-any-fx-intervention
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Possible currency policy friction between Japan and the US could affect the scale and effectiveness of yen support, which matters for dollar-priced import costs. The direct effect on feed prices is small.

## Read by commodity

- USDJPY: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/us/yellen-respects-japans-decision-not-disclose-any-fx-intervention-mofs-kanda-2022-10-25/

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