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Japan finance minister says exchange rate should move stably

Japan finance minister says exchange rate should move stably
One-sided movement seen in the current marketWill respond appropriately to excessive moves if necessaryNo comment on FX levelsThe verbal jawboning hasn't really deterred USD/JPY bulls to bring the pair up to 144.00 yesterday. If you're not familiar with the comments from Japan officials, by saying that they have no comment and offering the more obvious points above is basically a signal that they are reaching their limits before stepping in. This article was written by Justin Lo... Read More
Posted: Jun 28 2023, 05:57
Author Name: forexlive
Views: 081044

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