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Japan chief cabinet secretary Matsuno says will take appropriate steps on excess FX moves
Japan chief cabinet secretary Matsuno: • Will take appropriate steps on excess FX moves. • Closely watching FX moves with a high sense of urgency. • No comment on daily forex moves. -- We've had fin min Suzuki with his remarks earlier: Japan finance minister Suzuki says cannot tolerate excessive FX move driven by speculators And, still to come: Bank of Japan Governor Kuroda to speak from 0050 GMT All this is weighing on USD/JPY somewhat, but the dribble lower has been small: chart
Added at 9:05pm
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JAPAN'S CHIEF CABINET SEC. MATSUNO: THE COUNTRY WILL IMPLEMENT NEW SANCTIONS AGAINST NORTH KOREA.
— Breaking Market News (@financialjuice) October 18, 2022
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