• Japan’s Yamagiwa: Watching yen carefully

Market news

24 November 2021

Japan’s Yamagiwa: Watching yen carefully

When asked about the yen and domestic stock market moves, the Japanese Economy Minister Daishiro Yamagiwa said that they are watching the yen price action carefully.

Additional comments

“Currencies move on various factors.”

“Watching all aspects carefully.”

These comments come as the yen sits near the lowest levels since March 2017 against the US dollar.

At the time of writing, USD/JPY is trading at 115.12, modestly flat on the day.

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.