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Story summary
- Prime Minister Sanae Takaichi announced the government will lift market confidence in the yen.
- She told U.S. President Donald Trump last month that yen undervaluation was a problem.
- The yen became the G10’s top-performing currency in Q3, gaining 3.3% against the dollar.
- Societe Generale FX strategist Kit Juckes said markets expect further USD/JPY intervention soon.
