Japan’s Kihara says will take appropriate action against FX moves if needed
Japan’s Chief Cabinet Secretary Minoru Kihara said that he will take appropriate action against the foreign exchang (FX) moves if needed, Reuters reported on Tuesday.
Key quotes
Will take appropriate action against FX moves if needed.
No comment on FX.
Market reaction
At the time of writing, USD/JPY is up 0.01% on the day at 161.55.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple Treasury Links AI With Digital Finance

UAE moves UAEPASS system for 12.5 million users to Avalanche blockchain
Anthropic’s AI economic impact model maps $30 trillion US economy, forecasts impact through 2030
Hedge funds have just rebuilt tech long positions, but Nasdaq's key support has begun to weaken
The Nasdaq 100 Index is approaching the lower boundary of its months-long consolidation range, with futures breaking below the uptrend line and the 100-day moving average, signaling technical weakness. Hedge funds had previously made substantial purchases of tech stocks, leading to concentrated positions that amplify downside risks. AI safety controversies and energy supply risks now serve as dual catalysts. If key support levels are lost while market panic remains subdued, volatility may be subject to a reassessment.
