Japanese Chief Cupboard Secretary Hirokazu Matsuno is reiterating that the federal government is intently watching the FX market strikes, as USD/JPY closes in on 147.00.
Key quotes
No touch upon each day FX strikes.
Intently watching FX strikes with a excessive sense of urgency.
If there are any extreme foreign exchange strikes, we’ll take acceptable motion.
Market response
USD/JPY is consolidating close to 24-year highs at 146.93, nearly unchanged on the day, as traders await the US inflation knowledge.
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