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.
Recommended Articles
Ethereum (ETH) climbed above $2,900 on Thursday, mimicking the rally seen in Bitcoin.
Bitcoin (BTC) traded above 4% on Thursday after soaring to a new all-time high above $116,800. The rally, which appears to be leverage-driven, triggered over a $1 billion short-squeeze across the entire crypto market.
The Japanese Yen (JPY) drifts lower against a broadly stronger US Dollar (USD) during the Asian session on Friday.
Dogecoin started a fresh increase above the $0.180 zone against the US Dollar.
Gold price (XAU/USD) is gaining positive traction for the third consecutive day on Friday and approaching the top end of its weekly range amid rising trade tensions.
Related Instrument
