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Japan top currency diplomat Kanda says officials are watching forex moves closely

Important for currencies to move stably reflecting economic fundamentalsNot focusing on any forex levels specificallyClosely watching forex moves, will respond appropriately if necessaryAs mentioned earlier here, the message should reflect the usual warnings that we have seen in the past as we're not quite at the point yet where intervention is required. Kanda also says that officials did discuss other issues such as the US debt ceiling as well. USD/JPY is now back up to 140.45 from around 140.2... Read More

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Content Topics

Japan

Currency

Diplomat

Kanda

Says

Officials

Watching

Forex

Closely

Posted: May 30 2023, 09:05

Author Name: forexlive

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