• Japan's Ministry of Finance Asakawa says that forex volatility is not positive

Market news

21 June 2019

Japan's Ministry of Finance Asakawa says that forex volatility is not positive

  • There is slightly nervous movement in markets

  • Will keep closely monitoring markets for now

  • Can't forecast direction in which USD/JPY will go

  • Fed rate cuts have not been decided yet

  • Supports Kuroda and BOJ's monetary policy

  • Will act appropriately if there are excessive forex movements

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