Japan’s Finance Ministry Official: Sudden fx fluctuations not desirable

Market news

1 September 2022

Japan’s Finance Ministry Official: Sudden fx fluctuations not desirable

Responding to the recent sharp depreciation of the yen, Japan’s senior Finance Ministry official said on Thursday, “sudden fx fluctuations not desirable.”

Additional quotes

No comment on every day-to-day forex moves.

Volatility is rising in recent forex market.

Watching fx moves with a high sense of urgency.

Market reaction

USD/JPY is trading at 139.52, up 0.43% on the day, reverting to the 24-high of 139.68 reached in the last hours.

Currencies. Daily history for Thursday, September 1, 2022

Commodities. Daily history for Wednesday, August 31, 2022

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

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.