2024-11-08 03:49
IndustriaJapan’s Top FX Diplomat Mimura: Closely watching F
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Thursday, he is “closely watching FX moves with a high sense of urgency.”
He added that he is “ready to take appropriate actions for excess FX moves if necessary.”
Market reaction
USD/JPY eased off 154.72, its intraday high, losing 0.11% on the day to trade near 154.50 following these verbal warnings.
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Japan’s Top FX Diplomat Mimura: Closely watching F
| 2024-11-08 03:49Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Thursday, he is “closely watching FX moves with a high sense of urgency.”
He added that he is “ready to take appropriate actions for excess FX moves if necessary.”
Market reaction
USD/JPY eased off 154.72, its intraday high, losing 0.11% on the day to trade near 154.50 following these verbal warnings.
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