Wednesday , 27 November 2024
Home Forex Japan’s PM Kishida to Take Appropriate Action if There are Excessive FX Moves
Forex

Japan’s PM Kishida to Take Appropriate Action if There are Excessive FX Moves

He also mentioned they will use any means to respond to excessive Forex moves.

It’s desirable for Forex to move stably reflecting the fundamentals, volatile movements are not favorable.

Controlling currency is not an objective of the Bank of Japan’s monetary policy.

The JPY didn’t react too much after his comments.

This article was written by Gina Constantin at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USD/INR gains traction on Trump’s tariff plans, eyes on US inflation data

The Indian Rupee (INR) extends its decline on Wednesday. The expectation that...

Tesla (TSLA) impulsive rally remains in progress [Video]

Short Term Elliott Wave View in Tesla (TSLA) suggests the rally from...

Silver Price Forecast: XAG/USD tests key resistance zone near $30.50

Silver price (XAG/USD) remains steady near $30.50 per troy ounce during the...

Goldman Sachs estimates China’s 2024 LNG imports to revert back to previous record high

Earlier from Goldman Sachs:Asia LNG prices could jump to above $20/MMBTU if...