Japan’s Nishimura: PM Suga instructed me to take steps without hesitation to aid economic recovery

Dhwani Mehta FXStreet

Japan economy minister Nishimura said on Thursday, Prime Minister (PM) Suga instructed me to take steps without hesitation to protect jobs, help economic recovery.

Additional quotes

Determined to prevent Japan from returning to deflation.

Private consumption in July - Aug was weak, but It feels it is picking up in September.

Pace of falls in exports is slowing, if exports and factory production pick up, it would be positive for jobs.

USD/JPY awaits BOJ

USD/JPY keeps its choppy trend intact around 105.00, awaiting fresh impetus ahead of the BOJ policy decision.

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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