Japan PM Suga to S. Korea Pres. Moon: Cannot leave severe relations where they are now
|While talking to the South Korean President Moon Jae-in on Thursday, Japan’s new Prime Minister (PM) Yoshihide Suga said, “we cannot leave 'severe' relations where they are now.”
Further comments (via Reuters)
“Japan-South Korea cooperation, including with the US, important to deal with North Korea.”
“Will continue to seek appropriate behavior from South Korea including in dealing with war-time labor issue.”
Market reaction
USD/JPY holds steady around 105.40, weighing in the drop in the Asian equities amid a resurgence in the US dollar demand across the board. The above comments fail to impress the yen bulls.
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