🇯🇵 YEN INTERVENTION WARNING SHAKES MARKETS Markets are on high alert after Japan’s Prime Minister Sanae Takaichi warned of action against “abnormal” yen moves, fueling speculation of imminent currency intervention — possibly with U.S. support. Traders reported the New York Fed contacting banks about the yen, a move often seen as a precursor to intervention. The yen rebounded sharply after sliding toward 160 per dollar, its biggest one-day gain since August. With short yen positions at decade highs and elections approaching, officials appear ready to act again, especially if the currency weakens further.