The Japanese Yen Has Fallen to a Four-Month Low!

　　On Friday morning, the yen's exchange rate against the U.S. dollar briefly dropped to a near four-month low. This has drawn the attention and concern of Japanese financial officials.

　　Japanese Finance Minister Shunichi Kato stated that after the yen fell to a four-month low, the Japanese government is worried about recent foreign exchange movements. Speculation has arisen that if the yen continues to depreciate, the Japanese government may intervene in the foreign exchange market to support the yen.

　　Yen Hits Four-Month Low

　　On Friday morning, the USD/JPY exchange rate briefly reached 150.89 yen per dollar, marking the yen's lowest level since March 28. As of the time of writing, the exchange rate stands at 150.58 yen per dollar.

　　Finance Minister Shunichi Kato said that while he would not comment on specific exchange rate levels, he is concerned about the current trend:

　　"As we have consistently pointed out, it is important for currencies to move in a stable manner that reflects fundamentals. We remain vigilant against foreign exchange fluctuations, including those driven by speculators," Kato stated at a press conference.

　　He also mentioned that U.S. tariffs on Japan are expected to impact the Japanese economy, and the government will continue analyzing the effects of these tariffs on domestic industries.

　　Marito Ueda, General Manager of SBI Liquidity Market Research, warned that the yen could depreciate to 155 against the dollar. If this level is reached, there is a risk that Japanese authorities may intervene in the market to support the yen.