- Japan’s Top FX Diplomat Mimura: We are always watching markets
Notícias do Mercado
23 setembro 2024
Japan’s Top FX Diplomat Mimura: We are always watching markets
In an interview with NHK Broadcaster on Monday, Atsushi Mimura, Japan’s newly appointed Vice Finance Minister For International Affairs and top foreign exchange official, said that “authorities are always watching markets.”
Additional quotes
Yen carry trades built up in the past are likely to have been mostly unwound ...but if such moves increase again, that could heighten market volatility.
We are always watching markets to ensure that does not happen.
Authorities stand ready to act if currency moves become extremely volatile and deviate from fundamentals in a way that cause problems to firms and households.
Market reaction
USD/JPY is little changed on these comments amid a national holiday-led thin trading. The pair is last seen trading at 144.32, up 0.30% 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