Friday , 8 November 2024
Home Forex Japan finance minister Kato: will take appropriate steps on excess FX moves
Forex

Japan finance minister Kato: will take appropriate steps on excess FX moves

Japan finance minister Kato: will take appropriate steps on excess FX moves

  • 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.

USD/JPY not doing too much with Kato’s remarks:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Friday, according to data compiled by...

Pound Sterling Price News and Forecast: GBP/USD edges lower amid the emergence of some USD dip-buying

The GBP/USD pair struggles to build on the previous day's positive move...

EUR/USD tumbles below 1.0800 on Trump’s tariff plan

The EUR/USD pair plunges to near 1.0780 amid the renewed US Dollar...

GBP/USD Price Forecast: Faces rejection near 100-day SMA, holds above mid-1.2900s

The GBP/USD pair struggles to build on the previous day's positive move...