Japan’s Kato: Will take appropriate action against excessive moves
Source Fxstreet
Japan’s Finance Minister Katsunobu Kato on Tuesday that his government “will take appropriate action against excessive moves.”
Additional quotes
Won't comment on forex levels.
Recently seeing one-sided, rapid moves.
Important for currencies to move in a stable manner reflecting fundamentals.
Alarmed over FX moves, including those driven by speculators.
Market reaction
USD/JPY is retreating from multi-month high of 158.42 following these above comments, trading 0.40% higher on the day at 158.22 at press time.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Silver's price rose over 1% on Monday and faces key resistance at the 200-day Simple Moving Average (SMA) at $29.87.
Ethereum Price Surge Has Investors Buying New Trending ETH Token and XRP as Price Surpasses $3.5 MarkThe cryptocurrency market is experiencing a surge in activity as Ethereum (ETH) continues its upward trajectory, leading to increased interest in trending Ethereum-based tokens. Meanwhile, Ripple (XRP) has surpassed the $3.5 mark, reinforcing its position as a major player in the crypto landscape. This bullish environment has also sparked interest in Lightchain AI, a new […]
The cryptocurrency market is experiencing a surge in activity as Ethereum (ETH) continues its upward trajectory, leading to increased interest in trending Ethereum-based tokens. Meanwhile, Ripple (XRP) has surpassed the $3.5 mark, reinforcing its position as a major player in the crypto landscape. This bullish environment has also sparked interest in Lightchain AI, a new […]
The USD/CAD pair posts modest gains near 1.4360 during the early Asian session on Wednesday.
Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,750 zone. The
Why Did The S&P 500 And Nasdaq Composite Just Fall Over 1%?TradingKey - The year 2025 started off on a pretty solid footing for investors with the key indices in the US – the S&P 500 Index and the tech-focused Nasdaq Composite Index – both posting gains in the first few days of trading. That followed on from some huge double-digit gains for 2023 and 2024.
TradingKey - The year 2025 started off on a pretty solid footing for investors with the key indices in the US – the S&P 500 Index and the tech-focused Nasdaq Composite Index – both posting gains in the first few days of trading. That followed on from some huge double-digit gains for 2023 and 2024.
Related Instrument
