US led January yen rate checks, eyed joint intervention with Japan, Nikkei reports - Reuters

<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxPeERvVVpuWVlDTUM1ZEdEQzZCemFma184ZkkzY0JPazZrRDlHRjVZNnhlbU91ZFpPU1VVTkhxYzBWc2pNblRpQ2tLVEd0dXhpakYzUVZUcDFILTlCNkZ2ZnZZRWRVYlBGMXRveU01WHRrbGl1eWJfRE03VTVSa3hZMElfX3V1WDk5VUNnYjNnV3hKLTRZQjROWmhjTDZsRC01U0JOQlpON0JsVE8xRWVITF9n?oc=5" target="_blank">US led January yen rate checks, eyed joint intervention with Japan, Nikkei reports</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

U.S. authorities initiated 'rate checks' in January to support the yen and were prepared for joint intervention with Japan if requested, according to Nikkei reports.

U.S. authorities took the initiative in conducting January 'rate checks' to prop up the yen and were ready to conduct joint intervention on Japan's request, the Nikkei newspaper reported on Tuesday, citing unidentified U.S. government sources.

U.S. Treasury Secretary Scott Bessent personally led a January 'rate check' on the yen during its sharp slide against the dollar, according to senior U.S. officials cited by Nikkei, in a move designed to stabilize markets rather than respond to a formal Japanese request.

Japan continues to maintain a tight dialogue with the U.S. on foreign-exchange moves, Finance Minister Satsuki Katayama said Tuesday, as traders remain on alert about potential market intervention.

U.S. authorities initiated 'rate checks' in January to support the yen and were prepared for joint intervention with Japan if requested, according to Nikkei reports.

U.S. authorities initiated rate checks in January aimed at supporting the yen and were prepared to conduct joint intervention if requested by Japan, the Nikkei newspaper reported on Tuesday, citing unnamed government sources.

U.S. Treasury Secretary Scott Bessent personally led a January 'rate check' on the yen during its sharp slide against the dollar, according to senior U.S. officials cited by Nikkei, in a move designed to stabilize markets rather than respond to a formal Japanese request.

U.S. authorities took the initiative in conducting January 'rate checks' to prop up the yen and were ready to conduct joint intervention on Japan's request, the Nikkei newspaper reported on Tuesday, citing unidentified U.S. government sources.