--- title: "Former Bank of Japan official Taketoshi Takeda: Japan may temporarily refrain from intervening in the yen exchange rate" description: "Former Bank of Japan official Taketoshi Takeda stated that Japan may temporarily refrain from official intervention due to the United States' coordinated strategy helping to prevent the decline of the" type: "news" locale: "en" url: "https://longbridge.com/en/news/274066302.md" published_at: "2026-01-29T00:53:13.000Z" --- # Former Bank of Japan official Taketoshi Takeda: Japan may temporarily refrain from intervening in the yen exchange rate > Former Bank of Japan official Taketoshi Takeda stated that Japan may temporarily refrain from official intervention due to the United States' coordinated strategy helping to prevent the decline of the yen. He mentioned that the New York Federal Reserve's exchange rate inquiry last Friday was a rare event, indicating Washington's determination to cooperate with Japan to prevent a significant drop in the yen. The U.S. involvement has made the market aware that it should not confront the Federal Reserve Former central bank official Takeuchi Atsushi, who participated in the Tokyo market intervention a decade ago, stated that Japan may temporarily refrain from official intervention due to the coordinated strategy involving the United States, which has helped prevent a one-sided decline of the yen. Takeuchi said that the New York Federal Reserve's suspected currency inquiry last Friday was an extremely rare event, indicating Washington's determination to cooperate with Japan in efforts to prevent a significant drop in the yen. "U.S. involvement makes a huge difference because the market knows they shouldn't go against the Federal Reserve." (Reuters) ### Related Stocks - [YCL.US - Pro Ultr Yen](https://longbridge.com/en/quote/YCL.US.md) - [YCS.US - Pro Ultrshrt Yen](https://longbridge.com/en/quote/YCS.US.md) - [FXY.US - Currencyshares JPY Trust](https://longbridge.com/en/quote/FXY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | RUBBER-Japan futures extend declines as Chinese factories wind down for holiday | Japanese rubber futures declined for the third consecutive session as liquidity decreased ahead of the Lunar New Year ho | [Link](https://longbridge.com/en/news/275839174.md) | | REG - JPMorgan Japanese IT - Net Asset Value(s) | JPMorgan Japanese Investment Trust PLC announced its unaudited net asset value (NAV) as of February 13, 2026, which is 8 | [Link](https://longbridge.com/en/news/276053667.md) | | BOJ to hike policy rate to 1% by end-June, sooner than forecast before election | The Bank of Japan (BOJ) is expected to raise its key interest rate to 1% by the end of June, with some economists predic | [Link](https://longbridge.com/en/news/276299311.md) | | JGB yields slip in holiday-thinned trade | Japanese government bond (JGB) yields fell on February 17 in thin holiday trading, with the 20-year yield dropping to 3. | [Link](https://longbridge.com/en/news/276094984.md) | | S.Korea PM: Worried about weakness in won | S.Korea PM: Worried about weakness in won | [Link](https://longbridge.com/en/news/275412481.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.