Japanese top FX diplomat Mimura continues to decline to comment on FX intervention and can't comment on talk of rate checks, but says they are keeping in close contact with the US on FX

The Japanese top FX diplomat's refusal to comment on FX intervention coupled with a note on maintaining close contact with the U.S.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Hyundai Motor (005380 KS) Executive Chair Chung will accompany the South Korean delegation on its visit to Canada, according to Yonhap

S-Oil Corp (010950 KS) Q4 (KRW) 424bln (exp. 435bln), rev. 8.79tln (exp. 8.60tln)

Japanese top FX diplomat Mimura continues to decline to comment on FX intervention and can't comment on talk of rate checks, but says they are keeping in close contact with the US on FX

[MARKET UPDATE] Mixed start to Asia-Pac trade with Japanese markets pressured amid a firmer currency after PM Takaichi's intervention warning, while conditions are quieter on Monday with Australian and Indian markets closed for holiday

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese PM Takaichi warned that the government is ready to take action against speculative moves amid a weakening currency and surge in bond yields

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

suggests ongoing vigilance in the currency markets. This may point to a delicate balance as Japan navigates its monetary policy amid rate discussions, which could influence both the yen's trajectory and broader market sentiment towards risk. Traders should monitor how this interplay develops, especially in the context of U.S.-Japan relations regarding currency stability.

Related headlines

The whole workspace, free to try.

Try it free