Forex
globalreutersOctober 24, 20241 Mins read
Japan finance minister Kato says Rapid moves seen in recent FX market
globalreutersOctober 24, 20241 Mins read Japan finance minister Kato
- Rapid moves seen in recent FX market
- No comment on FX levels intervention
- Desirable for currencies to move stably reflecting economic fundamentals
- Closely watching FX moves with a sense of urgency
- there was no discussion on FX at today’s G20 meeting and I don’t expect any tomorrow
The reference to ‘rapid moves’ is a sign of escalating the rhetoric
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This article was written by Eamonn Sheridan at www.forexlive.com.
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