Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan

Source Fxstreet

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Why Wall Street Is Watching Agentic Finance in CryptoForget retail traders and institutional FOMO. The next crypto boom might be run by AI agents, autonomous programs moving money faster than any human could.Binance founder and former CEO Changpeng Zhao
Author  Beincrypto
Mar 13, Fri
Forget retail traders and institutional FOMO. The next crypto boom might be run by AI agents, autonomous programs moving money faster than any human could.Binance founder and former CEO Changpeng Zhao
placeholder
Elon Musk Sends SpaceX Shares Lower With Two-Word AI Device DenialElon Musk dismissed a Wall Street Journal report that SpaceX built a prototype AI device, calling it “utterly false”. SpaceX stock (SPCX) fell about 7% on Wednesday as investors weighed the conflictin
Author  Beincrypto
Jul 02, Thu
Elon Musk dismissed a Wall Street Journal report that SpaceX built a prototype AI device, calling it “utterly false”. SpaceX stock (SPCX) fell about 7% on Wednesday as investors weighed the conflictin
placeholder
Bitcoin Price Spikes Near $64,000 as Short Sellers Get LiquidatedBitcoin (BTC) spiked to nearly $64,000 in the early hours of July 6, reaching $63,900 on CoinGecko, extending a weekend rally that liquidated hundreds of millions of dollars in short positions.The mov
Author  Beincrypto
Yesterday 02: 13
Bitcoin (BTC) spiked to nearly $64,000 in the early hours of July 6, reaching $63,900 on CoinGecko, extending a weekend rally that liquidated hundreds of millions of dollars in short positions.The mov
placeholder
Micron goes all in on AI with $9.3B Japan chip plantMicron Technology broke ground on a new plant to manufacture memory chips in western Japan. This $9.3-billion facility represents an enormous commitment by Micron to grow its ability to deliver semiconductors for AI. The new facility will enable Micron to provide large amounts of high-bandwidth memory (HBM), a key part of training and operating AI...
Author  Cryptopolitan
Yesterday 02: 17
Micron Technology broke ground on a new plant to manufacture memory chips in western Japan. This $9.3-billion facility represents an enormous commitment by Micron to grow its ability to deliver semiconductors for AI. The new facility will enable Micron to provide large amounts of high-bandwidth memory (HBM), a key part of training and operating AI...
placeholder
XRP Binance Scarcity Index Hits 2-Year High: What Does It Mean for Price?XRP’s Binance Scarcity Index has climbed to 0.77, its highest reading in more than two years, while the token trades near $1.13. The signal points to shrinking sell-side supply on the largest exchange
Author  Beincrypto
1 hour ago
XRP’s Binance Scarcity Index has climbed to 0.77, its highest reading in more than two years, while the token trades near $1.13. The signal points to shrinking sell-side supply on the largest exchange
Related Instrument
goTop
quote