Japan’s Katayama: Ready to take decisive action on foreign exchange as needed

Dhwani Mehta FXStreet

Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was “ready to take decisive action on foreign exchange as needed.”

She added that she “won't comment on specific forex levels.”

Market reaction

At the time of writing, the Japanese Yen (JPY) is drawing fresh support, driving USD/JPY to challenge 163.00 yet again. The pair is down 0.09% on the day.

Japanese Yen Price Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the US Dollar.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		-0.04%	-0.06%	-0.08%	-0.09%	-0.26%	-0.06%	-0.04%
EUR	0.04%		-0.01%	-0.02%	-0.05%	-0.22%	0.00%	-0.01%
GBP	0.06%	0.00%		0.00%	-0.06%	-0.22%	0.01%	0.00%
JPY	0.08%	0.02%	0.00%		-0.03%	-0.20%	0.00%	0.01%
CAD	0.09%	0.05%	0.06%	0.03%		-0.18%	0.04%	0.03%
AUD	0.26%	0.22%	0.22%	0.20%	0.18%		0.23%	0.24%
NZD	0.06%	-0.00%	-0.01%	-0.01%	-0.04%	-0.23%		-0.01%
CHF	0.04%	0.01%	-0.00%	-0.01%	-0.03%	-0.24%	0.01%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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