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- Japan’s Matsuno: Closely watching FX moves with a high sense of urgency
Japan’s Matsuno: Closely watching FX moves with a high sense of urgency
Japanese Chief Cabinet Secretary Hirokazu Matsuno is reiterating that the government is closely watching the FX market moves, as USD/JPY closes in on 147.00.
Key quotes
No comment on daily FX moves.
Closely watching FX moves with a high sense of urgency.
If there are any excessive forex moves, we will take appropriate action.
Market reaction
USD/JPY is consolidating near 24-year highs at 146.93, almost unchanged on the day, as investors await the US inflation data.
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