Japan Chief Cabinet Secretary Matsuno: Watching fx moves with high sense of urgency, Pivot Orderbook analysis
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Japan’s chief cabinet secretary Matsuno said that it is important for currencies to move stably reflecting economic fundamentals.
This follows a move in USD/JPY since 1998. The pair reached 140.27 on Friday with the US dollar on the march following data that showed a resilient economy, giving the Federal Reserve more room to aggressively hike interest rates to quell inflation.
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