Japan’s Takaichi says in close contact with US financial authorities on currency market
Japanese Prime Minister Sanae Takaichi said on Friday that the government is in close contact with US financial authorities on the currency market. She further stated that the officials will strive to preserve an orderly foreign exchange market.
Key quotes
Won't discuss forex.
In close contact with US financial authorities on currency market.
Will strive to preserve orderly forex market.
Currency rates shaped by multiple factors.
Managing economic and fiscal policy while closely monitoring market trends.
Economy, fiscal policy not designed to influence forex.
Market reaction
At the time of writing, the USD/JPY pair is up 0.0q% on the day at 159.90.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A bitcoin address dormant for 16.2 years has been activated, containing 50 BTC
Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
Crypto prices
More
