- Japan’s Top FX Diplomat Kanda: Will respond appropriately if weak Yen turns excessive
Notícias do Mercado
28 junho 2023
Japan’s Top FX Diplomat Kanda: Will respond appropriately if weak Yen turns excessive
Japan's top currency diplomat Masato Kanda warned against the Japanese Yen's ongoing weakness on Wednesday.
Key quotes
"We are closely watching currency moves with a strong sense of urgency.”
"We will respond appropriately if it becomes excessive."
Kanda's comments came after the Yen slumped to a fresh seven-month trough to 144.21 against US Dollar overnight.
Market reaction
At the time of writing, USD/JPY is trading at 143.90, down 0.09% on the day.
O foco de mercado
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 disclaimerAbrir Conta Demo e Página Pessoal