Japan’s Kato: Will closely monitor discussions at BoJ’s policy meeting next week
Source Fxstreet
Japan’s Finance Minister Katsunobu Kato said on Wednesday that he “will closely monitor discussions at the Bank of Japan (BoJ) policy meeting next week.”
Additional quotes
Expect the BoJ to conduct monetary policy appropriately.
Believe the BoJ is playing its role based on its accord with government.
Up to the BoJ to decide on monetary policy.
Market reaction
USD/JPY is losing 0.40% on the day to trade near 157.30 following these above comments.
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The USD/JPY pair trades in positive territory near 158.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid political concerns in Japan.
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