Yen at 155 Against Dollar Is Where Japan Starts to Worry, Sakakibara Says

The transcript discusses the potential for the yen to weaken beyond 150 against the dollar and the likelihood of Japanese authorities intervening in the market. It examines the impact of US and Japan's monetary policies on the yen's value, suggesting that US policy changes could lead to yen strengthening. The discussion also covers the possibility of market intervention, with references to Janet Yellen's comments and the importance of US-Japan communication. Projections for the yen's weakest level by year-end are considered, with 160 being a critical point for potential intervention.

What is the significance of the 150 mark in relation to the yen?

How might the US monetary policy affect the value of the yen?

What factors could lead to a change in Japan's monetary policy before December?

What role does the US play in Japan's decision to intervene in the currency market?

What are the potential consequences if the yen weakens beyond 160?