Japan’s Matsuno: Will continue to take appropriate steps on FX

Dhwani Mehta FXStreet

Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday, he “will continue to take appropriate steps on FX.”

Further comments

No comment on whether Japan intervened in the FX market.

Important for currencies to move stably reflecting fundamentals.

Excessive FX moves undesirable.

Market reaction

USD/JPY is keeping its range around 149.20 on the above comments, up 0.13% so far.

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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