1. The Thai baht hit its highest level against the US dollar since mid-June 2021. 2. Nomura Securities: The specific level that would trigger intervention by Japanese authorities is still uncertain, but bold action may not be far off. 3. White Hous

2025-12-22

1. The Thai baht hit its highest level against the US dollar since mid-June 2021. 2. Nomura Securities: The specific level that would trigger intervention by Japanese authorities is still uncertain, but bold action may not be far off. 3. White House National Economic Council Director Hassett: Trump is seeking a data-dependent candidate among the Federal Reserve chairmen. 4. Japanese Chief Cabinet Secretary Kihara Minoru: It is crucial that currencies fluctuate in a stable manner that reflects fundamentals; appropriate action will be taken against excessive volatility. 5. Federal Reserve Chairman Hamak: More concerned about persistently high inflation, a pause in rate cuts is the basic forecast, and he is inclined to keep interest rates stable until next spring. 6. Japan's top foreign exchange official, Mimura Jun: Recent one-sided and rapid price movements have occurred; appropriate action will be taken against excessive volatility; he is concerned about the foreign exchange market's performance.