Japan’s Kato wants to watch forex market with a sense of urgency including speculative moves

Source Fxstreet

Japan’s Finance Minister Katsunobu Kato on Thursday that he “wants to watch forex market with a sense of urgency including speculative moves.”

Further comments

Will communicate thoroughly with markets.

Will aim to exit deflation soon working closely with boj based on joint govt-BoJ statement.

Market reaction

USD/JPY holds the rebound near 146.85 following these above comments, adding 0.26% on the day.

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