• Japan’s Shindo: Important for currencies to move in stable manner reflecting fundamentals

Notícias do Mercado

26 setembro 2023

Japan’s Shindo: Important for currencies to move in stable manner reflecting fundamentals

Japan’s newly appointed Economy Minister Yoshitaka Shindo said on Tuesday, “it is important for currencies to move in a stable manner reflecting fundamentals.“

Further comments

Must carefully monitor whether output gap to remain in growth territory.

Japan's consumption turned to contraction due to inflation, seen unstable.

Won't comment on forex levels.

Weak Yen has various effects on economy such as raising import costs for consumers, improving competitiveness of exporters.

Related reads

  • Japan’s Suzuki: Japan at a critical stage whether to spur consumption, wage growth
  • USD/JPY consolidates its gains below 149.00 amid the cautious mood, fear of intervention
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 disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: