Bessant expressed a strong dollar view, causing the yen and gold to fall in the short term.

According to Mars Finance, on January 28th, US Treasury Secretary Bessant stated that the US will continue to pursue a strong dollar policy and will not intervene in the foreign exchange market to support the yen. Furthermore, the narrowing trade deficit is expected to boost the dollar. Regarding the S&P 500 index breaking through 7000 points for the first time today, Bessant believes that current growth-promoting policies have achieved positive results. Market data shows that the yen depreciated sharply against the dollar, halting its previous three-day winning streak. The dollar index rose to 96.4%, a 24-hour increase of 0.65%. Spot gold fell briefly, currently trading at $5277 per ounce.