Japan’s Matsuno: To take appropriate steps on excess FX moves
|Japanese Chied Cabinet Hirokazu Secretary is out with his jawboning, as USD/JPY surges past the 145.90 key level.
Key quotes
No comment on every day-to-day FX moves.
Closely watching FX moves with a high sense of urgency.
To take appropriate steps on excess FX moves.
Market reaction
USD/JPY is trading at the highest level in 24 years at 146.38, up 0.34% on the day, as investors remain alert for a Japanese FX market intervention any time soon.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.