prime_minister_kishida_fumio Japan pm 19 September 2023

Intervention watch in yen trading is high at the moment. Comments from Kishida are crossing:

  • Important for currencies to move in stable manner, reflecting fundamentals
  • Won't rule out any steps
  • Closely watching FX moves with a high sense of urgency
  • Will take out appropriate action without ruling out any options to deal with FX moves

USD/JPY is flat today at 151.30.