Japan Chief Cabinet Secretary Seiji Kihara said on Monday that he will take appropriate action on foreign exchange according to the Japan-US joint statement. However, he declined to comment regarding reported rate checks.
The USD/JPY pair extends its decline to around 154.75, the lowest since December 17, during the early Asian session on Monday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid heightened alert of Japanese intervention to halt the currency’s recent slide.
Pump.fun (PUMP) trades below $0.0025 at the time of writing on Friday, after a nearly 7% decline from the 50-day Exponential Moving Average (EMA) at $0.002601. The recent purchase of over $1 million in PUMP tokens failed to revive retail support, as PUMP futures continue to see capital outflow.