Stay alert to "surgical" interventions in the yen! Japan's finance minister once again restrained his verbal remarks: reassured that he is prepared to take action and closely communicate with the United States.

According to the Zhitong Finance APP, Japanese Finance Minister Koizumi Katsuki reiterated at a regular press conference on Friday (July 3) that the government is prepared to take appropriate measures to deal with currency fluctuations and will not comment on specific exchange rate levels. She emphasized that the Japanese government has always maintained close contact with US authorities on foreign exchange issues. However, consistent with recent statements, she did not use the phrase "bold action," which is often interpreted as a direct intervention warning.