Japan's verbal intervention escalates, and the yen strengthens against the US dollar

According to Gate market data, after Japan's top foreign exchange official Jun Mimura issued a warning about the weakness of the yen, the yen rose 0.4% against the US dollar to 156.51, reaching its strongest level since September 18. Jun Mimura stated that both the Japanese Prime Minister and the Finance Minister, as well as the United States, have sent clear signals regarding the depreciation of the yen.