Japan’s Top FX Diplomat Mimura: US economy’s outlook up to Trump’s macroeconomic policies
Source Fxstreet
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Tuesday, “US economy outlook’s up to Trump’s macroeconomic policies.”
Further comments
Need to closely watch if China’s recent export strength will continue.
Inclined not to comment on individual cases, when asked about Nippon Steel-US.
Market reaction
USD/JPY is flirting with 155.00, falling hard on these comments. The pair is losing 0.35% on the day, as of writing.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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