#BessentJapanFXTalks

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Reports said Bessent met BOJ Governor Ueda and Japan's finance minister at the G20 on FX, fiscal sustainability and rates. USD/JPY remains near 160, keeping intervention in focus. Bessent said Japan could take steps supporting a stronger yen, stoking BOJ-hike expectations. Japanese officials said the BOJ must set policy for domestic conditions, not U.S. preferences. Whether the yen is relieved through intervention or hikes will shape the dollar, Treasury yields and risk sentiment.

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