Japan PM Kishida says no comment on latest FX developments

Author: Justin Low | Category: News

Japan prime minister, Fumio Kishida, remarks on markets

  • Must be cautious about issuing perpetual bonds as means to fund spending
  • Need to ensure trust in Japan's finances
If anything else, Kishida and the BOJ are welcoming the additional yen weakness with open arms at the moment. Despite a slight retreat in USD/JPY today, the pair is still primed to take on key resistance at 114.00.

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USD/JPY W1 13-10
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