• Japan’s Top FX Diplomat Kanda: No change in stance that we are ready to take necessary action 24-7

Noticias del mercado

24 octubre 2022

Japan’s Top FX Diplomat Kanda: No change in stance that we are ready to take necessary action 24-7

Japan’s top currency diplomat Masato Kanda said on Monday that they “Will continue to take appropriate action against excessive, disorderly market moves.”

More comments

Won't comment on whether we intervened in fx market.

Will continue to take appropriate action against excessive, disorderly market moves.

Demerits far outweigh advantages for excessive yen weakness.

USD/JPY renews upside momentum

The news failed to tame USD/JPY prices as the yen pair takes the bids to reverse Friday’s pullback from the 32-year high, grinding higher around 149.20 by the press time.

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