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Japan's Matsuno says watching FX moves with high sense of urgency

Sharp FX moves are undesirableImportant for FX to move stably reflecting fundamentalsWill respond appropriately if necessary without ruling out any optionIt's the usual verbal intervention by Japan and a rehash of what Kanda commented earlier here. But as the yen softened to its weakest levels this year against the dollar yesterday, the warnings are starting to come out again. That will keep yen short a bit more wary for now. This article was written by Justin Low at www.forexli... Read More

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Posted: Sep 6 2023, 07:04

Author Name: forexlive

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