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Global Market: Japan says recent yen moves driven by speculative trade

April 18, 2026
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Japan's Finance Minister Satsuki Katayama attributed recent yen movements largely to speculative trading, following news of the Strait of Hormuz reopening. The dollar weakened against the yen as traders shifted from safe-haven assets. Authorities have expressed concerns over a weak yen's impact on import costs and inflation, signaling readiness to intervene against sharp currency declines.

Economic Times
Economic Times

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