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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The EUR/USD pair trades in positive territory around 1.1755 during the early European trading hours on Friday.
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