Japan’s Kato: No hesitation on additional economic stimulus if needed

Dhwani Mehta FXStreet

The government will not hesitate to deploy additional economic measures if needed, said the new Japanese Chief Cabinet Secretary Kato in a daily briefing on Monday.

Nothing further is reported on the same.

Meanwhile, the yen remains in demand across the board despite the upbeat tone in the Japanese stocks, as coronavirus concerns and US election risks play out stepping into the US NFP week.

USD/JPY drops 0.25% to test daily lows near 105.30, at the press time.

USD/JPY bulls not convincing enough in test of resistance

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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