Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan
Minoru Kiuchi, Minister of State for Economic and Fiscal Policy of Japan, said on Tuesday that “Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan.”
Additional comments
Government blueprint’s mention of monetary policy aligns with prior stance.
Not considering altering the language of the economic blueprint.
Market reaction
USD/JPY is losing 0.07% on the day at 161.95, as of writing, with the Japanese Yen (JPY) finding little help from these comments.
Japanese Yen Price Today
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Canadian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.03% | -0.05% | -0.15% | 0.04% | -0.04% | -0.08% | -0.01% | |
| EUR | 0.03% | -0.04% | -0.13% | 0.05% | 0.00% | -0.03% | 0.01% | |
| GBP | 0.05% | 0.04% | -0.07% | 0.10% | 0.04% | 0.00% | 0.05% | |
| JPY | 0.15% | 0.13% | 0.07% | 0.20% | 0.13% | 0.09% | 0.15% | |
| CAD | -0.04% | -0.05% | -0.10% | -0.20% | -0.08% | -0.09% | -0.04% | |
| AUD | 0.04% | -0.00% | -0.04% | -0.13% | 0.08% | -0.04% | 0.02% | |
| NZD | 0.08% | 0.03% | -0.00% | -0.09% | 0.09% | 0.04% | 0.05% | |
| CHF | 0.01% | -0.01% | -0.05% | -0.15% | 0.04% | -0.02% | -0.05% |
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).
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