Japan’s Kato: Will closely monitor impact of Trump's policies on Japan's economy
Source Fxstreet
Japan’s Finance Minister Katsunobu Kato on Friday that he “will closely monitor the impact of Trump's policies on Japan's economy.”
Additional quotes
Won't comment on forex levels.
Important for currencies to move in stable manner reflecting fundamentals.
Will take appropriate steps on excess moves.
Have seen one-sided and drastic moves on the currency market.
Will closely monitor currency moves, including those driven by speculators with utmost sense of urgency.
Market reaction
USD/JPY is back under 153.00 following these above comments, losing 0.08% on the day.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As the US dollar continues to strengthen, the yen is once again approaching a key psychological level. During the Friday Asian trading session, USD/JPY (USDJPY) rose to near the 160 level
WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
Goldman Sachs Raises Oil Price Forecasts and Warns Oil May Break All-Time Highs if Strait of Hormuz Disruption PersistsTradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
TradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
The SEC and the CFTC entered into a memorandum of understanding to work together on a regulatory framework.
Gold (XAU/USD) trades with a negative bias for the second consecutive day on Thursday, though it lacks follow-through selling and stalls the intraday slide near the $5,125 area.
Related Instrument
