UK senior minister Jones said he would not pre-empt any potential decision by Prime Minister Starmer

USD/JPY crashed nearly 100 pips to 156.75, now hovering at 157.06. Volatility spike amid BOJ speculation.

In my meeting with Minister @satsukikatayama , I was pleased to reaffirm the strong economic partnership between the United States and Japan. The level of communication and coordination between our teams in addressing undesirable, excess volatility in currency markets continues to… pic.twitter.com/rgzQ0cnpCL

japan's finance ministry declines to comment on market speculation about rate checks

US Treasury Secretary Bessent: We discussed with PM Takaichi President Trump's trip to Beijing US Treasury Secretary Bessent: We both believe forex volatility is undesirable US Treasury Secretary Bessent: The strength of the Japanese economy will be reflected in the FX rate U.S. TREASURY SECRETARY BESSENT: I HAVE KNOWN BOJ GOVERNOR UEDA FOR MORE THAN 15 YEARS, HAVE GREAT CONFIDENCE HE WILL GUIDE BOJ TO A VERY SUCCESSFUL MONETARY POLICY

JAPAN FIN MIN KATAYAMA: BESSENT-TAKAICHI TALKS WERE VERY POSITIVE ATMOSPHERE