Saturday , 22 February 2025
Home Forex Japan finance minister Kato says will take appropriate action against excessive FX moves
Forex

Japan finance minister Kato says will take appropriate action against excessive FX moves

  • We are recently seeing rapid moves
  • Alarmed over FX moves, including those driven by speculators

If you take in the December move, then yeah there is a decent surge higher in USD/JPY but owing mostly to bond yields I would say. This month itself, the pair is rather “well behaved”. In fact, it is now trading back to opening levels that we started the year off with from two weeks back.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...

Gold rally takes a breather, still heading for eight straight weekly advance

Gold price slides late on Friday, poised to end the week positively,...