Japan’s Matsuno: Ready to take appropriate actions on FX market movements if necessary

Japanese Chief Cabinet Secretary Matsuno came out with the much-needed verbal intervention to rescue the yen from the ongoing slump.Additional quotesClosely watching FX moves with a sense of urgency.

Japan's govt will respond appropriately to exchange rate following G7 agreement on currencies while keeping close communication with us, other authorities.Will work with BOJ to monitor market movements, impact on prices with heightened sense of urgency.USD/JPY slipped from 134.99 to 134.77 on these above comments, now trading at 134.84, up 0.32% on the day.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan Stocks Set to Start Lower; Markets in Australia Closed for HolidayMarkets in Australia are closed on Monday for a holiday.
Source: NBCDFW - 🏆 288. / 63 Read more »

Japan's Nikkei 225 Drops More Than 2% as Asia Stocks SlipJapan Stocks Set to Start Lower; Markets in Australia Closed for Holiday
Source: nbcchicago - 🏆 545. / 51 Read more »

Fed decision, Apple union vote, Kroger earnings top week aheadFOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. Satan Worshiping Putin Colluding Biden Hitler STRIKES. Dictatorship!!! Destroyer of America
Source: FoxBusiness - 🏆 458. / 53 Read more »