On 2024-03-24 and 2024-03-25, Japan's top currency official issued a series of warnings against speculative activities in the foreign exchange market, emphasizing the country's readiness to take decisive action to stabilize the yen. These statements come as the yen approaches a critical intervention level, reminiscent of its position in 2022. The official did not exclude any options for addressing excessive fluctuations, hinting at the potential for intervention. This stance is in response to the yen's weakening, which some attribute to speculative trading, especially after recent monetary policy decisions aimed at preventing further depreciation of the currency.