日本财务大臣片山皋月称美日外汇联合声明仍有效，警告无序日元波动
Japan’s Katayama says US-Japan FX statement ‘alive’, warns on disorderly yen moves
Japanese Finance Minister Satsuki Katayama said the joint foreign exchange statement with the United States remains valid, and Tokyo will act against disorderly currency moves, but declined to comment on specific exchange rate levels and did not judge whether current levels are good or bad. She noted that Prime Minister Sanae Takaichi considers the yen's undervaluation a problem, and said conditions have improved compared with before, while reiterating the need to avoid disorderly moves. The yen weakened that day, and the market did not view the remarks as a strong deterrent; a manufacturing survey released Monday showed input price inflation picking up for the first time in five months.
Katayama reiterated that the US-Japan joint statement remains valid and that intervention options are retained, but explicitly declined to comment on specific exchange rate levels. This kind of "deliberate silence" has limited deterrent power for the yen—the market's continued weakening that day is confirmation. Traders need to watch two things: first, the boundary between verbal warnings and actual intervention; the statement's validity itself does not constitute a commitment to act; second, manufacturing input price inflation picked up for the first time in five months, and if cost pressures pass through to inflation expectations, that could affect Japanese authorities' tolerance for yen depreciation.
日本财务大臣重申美日联合声明仍有效并保留干预选项，读者可据此理解日元贬值下东京的口头警告边界。
来源：ForexLive · investinglive.com