Japan’s Kihara: Watching market moves with very high sense of urgency
Japan Chief Cabinet Secretary Seiji Kihara said during the European trading session on Monday that the administration is watching market moves, including long-term rates, with a very high sense of urgency. However, Kihara denied commenting on potential intervention in forex markets.
Market reaction
No immediate reaction in the Japanese Yen (JPY) is observed after Japan Kihara's comments. As of writing, USD/JPY trades almost flat to near 158.80 after giving back early gains.
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