- US Treasury Secretary Scott Bessent stated the US has a "strong dollar policy," halting the yen's recent rally.
- President Trump's earlier comments suggesting tolerance for a weak dollar fueled speculation of currency intervention, pushing the yen to 152.
- Uncertainty surrounding US policy has boosted gold prices to a record high of over $5,500 per ounce.

A: Hey Hana! Did you hear anything about the yen recently?
B: Oh, hi Kenji! No, what’s up? Is it doing okay?

A: Well, it was getting stronger, you know? People thought Japan and the US might work together.
B: Really? That’s interesting! What changed?

A: The US Treasury Secretary spoke. He said they want a strong dollar!
B: Seriously? That’s kind of a surprise, right? Trump seemed to want a weak dollar just the other day!

A: Exactly! It made the yen jump to 152. But now… it’s weaker again. Around 153.
B: Wow, that’s a big swing! Why did he say that?

A: Apparently, to stop people from selling dollars and US bonds. A super weak dollar isn't good for anyone!
B: Makes sense. So, the yen isn’t as strong as it was?

A: Nope. But guess what? Gold is doing really well!
B: Oh yeah? Is it?

A: It’s at a record high! Over $5,500 an ounce! Everyone's buying gold because things are uncertain.
B: Wow! Crazy times, huh?