Economy Bloomberg 14d ago

Yen Plummets After Bessent Ruled Out Currency Intervention

Market Intelligence Analysis

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Why This Matters

The yen has plummeted against the dollar after US Treasury Secretary Scott Bessent ruled out currency intervention, indicating a shift in market expectations and a potential increase in yen selling pressure.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The yen sank against the dollar after Treasury Secretary Scott Bessent said the US is “absolutely not” intervening in the market for Japan’s currency.

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Original article published by Bloomberg on January 28, 2026.
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