• Japan’s Yamagiwa: Will consider impact of energy prices on economy in compiling stimulus package

Market news

5 November 2021

Japan’s Yamagiwa: Will consider impact of energy prices on economy in compiling stimulus package

Japan’s Economy Minister Daishiro Yamagiwa declines to comment on the size and the content of the economic stimulus package.

He said that his government “will take into account impact of energy prices on the economy in compiling stimulus package.”

Market reaction

USD/JPY is currently trading at 113.63, down 0.10% on the day, weighed down by the risk-off trading in the Asian equities ahead of the US NFP report.

  • USD/JPY Price Analysis: Steady around 113.75, trapped within the 113.50-114.20 range

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.