Japan’s Finance Minister Katsunobu Kato on Thursday that he “wants to watch forex market with a sense of urgency including speculative moves.”
Further comments
Will communicate thoroughly with markets.
Will aim to exit deflation soon working closely with boj based on joint govt-BoJ statement.
Market reaction
USD/JPY holds the rebound near 146.85 following these above comments, adding 0.26% on the day.
Source: https://www.fxstreet.com/news/japans-kato-wants-to-watch-forex-market-with-a-sense-of-urgency-including-speculative-moves-202410030918