Japan's Suzuki: The weak yen has positive and negative aspects
Trending Articles- Gold remains bid as lack of Fed clarity and geopolitical frictions persist
- Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cut
- Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
- Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
- Silver Price Forecast: XAG/USD refreshes record high, looks to build on move beyond $61.00
- Fed Cuts Rates: Bitcoin Rallies Then Retreats - Bear Market Ahead?
Japanese Finance Minister Shunichi Suzuki said on Tuesday that there are both advantages and disadvantages of the weak Japanese Yen (JPY), but he is more concerned about the negative aspects of the weak JPY.
Key quotes
“Market dialogue key as long-term rates increase.”
“Aims for appropriate national debt policies in Japan.”
“Hopes for wage hikes above inflation pace.”
“Plans wage increases to combat deflationary mindset.”
“Both advantages and disadvantages of weak Yen.”
“ Market determines levels for currencies.”
“Opposes excessive forex volatility.”
“Will discuss world economy, AI, and other issues.”
“Says the government is watching markets.”
“Will conduct appropriate bond management policy.”
“Says he is closely watching FX moves.”
Market reaction
These comments have little to no market reaction to the Japanese Yen (JPY). At the time of writing, USD/JPY is trading 0.09% higher on the day to trade at 156.38.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
