Japan’s Kihara: Concerned about forex move

Source Fxstreet

Japanese Chief Cabinet Secretary Minoru Kihara said in a statement on Thursday, he is “concerned about forex move.”

Additional quotes

Recent Yen moves are somewhat rapid, one-sided.

Important for currencies to move in a stable manner, reflecting fundamentals.

Take appropriate action for excessive, disorderly FX moves.

Even more important to communicate with the market, home and overseas to buy JGBs.

Market reaction

USD/JPY is off the high following the Japanese jawboning. At the press time, the pair trades 0.04% higher on the day at 155.34.

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the weakest against the Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.04% 0.09% 0.08% 0.07% -0.06% 0.09% 0.04%
EUR -0.04% 0.05% 0.04% 0.03% -0.11% 0.04% 0.02%
GBP -0.09% -0.05% -0.02% -0.02% -0.16% -0.00% -0.03%
JPY -0.08% -0.04% 0.02% -0.00% -0.15% -0.02% -0.02%
CAD -0.07% -0.03% 0.02% 0.00% -0.13% -0.01% -0.01%
AUD 0.06% 0.11% 0.16% 0.15% 0.13% 0.15% 0.12%
NZD -0.09% -0.04% 0.00% 0.02% 0.00% -0.15% -0.03%
CHF -0.04% -0.02% 0.03% 0.02% 0.01% -0.12% 0.03%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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