Japan PM Takaichi vows to reverse yen decline via competitiveness

Japanese Prime Minister Sanae Takaichi stated that strengthening Japan's global economic competitiveness would boost confidence in the yen, signaling a policy intent to counter yen weakness. The statement is vague on specific measures, leaving uncertainty about actual intervention or structural reforms. This matters as it hints at potential shifts in Japan's FX policy stance, which could impact global currency markets.