Japan’s Kato: Monetary policy decision is up to BoJ
Source Fxstreet
Japan's Finance Minister Katsunobu Kato, when asked about the US Treasury report on exchange rate, said that the monetary policy decision is up to the Bank of Japan.
The US Treasury Department said on Thursday that the BoJ should continue to proceed with monetary tightening, arguing that doing so would support a normalization of the yen’s weakness and contribute to a more balanced trade relationship.
Market Reaction:
The USD/JPY pair sticks to its modest intraday gains for the second straight day and currently trades around the 143.65-143.70 region, though it remains confined in the weekly range ahead of the US Nonfarm Payrolls (NFP) report.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
A provocative claim by crypto researcher “Darkhorse” has reignited debate over whether Ripple Labs is quietly sidestepping a federal court injunction through a newly disclosed $300 million XRP
Dogecoin started a fresh decline from the $0.20 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.180. DOGE price started a fresh decline below the
A sharp pullback characterized the broader cryptocurrency market on Thursday, leading to a bearish pattern break in Bitcoin (BTC) to briefly test the $100k levels.
Bitcoin’s price has barely moved in the last week, but other signs point to growing activity on the network. On June 5, Bitcoin traded around $104,300, down 0.50% in 24 hours and off 2.5% over the
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and reverses a part of the previous day's retracement slide from levels just above the $3,400 mark or over a four-week peak.
Related Instrument
