The Japanese yen strengthened against other major currencies in the European session on Thursday, as Japanese Finance Minister Satsuki Katayama issued a clear intervention warning.
Katayama confirmed that the "timing for decisive action is near" and that the Japanese government is moving closer to entering the foreign exchange markets.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.