Saturday , 23 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Your email address will not be published.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

CCI Histogram Volume MT5 Indicator

The world of financial markets can feel like a whirlwind of charts,...

Global Market Weekly Recap: November 18 – 22, 2024

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...

FX Weekly Recap: November 18 – 22, 2024

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...

Gold closes week above $2,700, US PCE data in Focus

Gold price rallies to a new two-week high on Friday during the...