Japan’s Hirokazu Matsuno : Will Take the Right Action on the Forex market (FX) if Necessary

On Wednesday, Japanese Chief Cabinet Secretary Hirokazu Matsuno repeated that the officials would take the right action on the forex market (FX) if necessary.

June 15, 2022 - 11:50 AM 277 views

Japan’s Hirokazu Matsuno : Will Take the Right Action on the Forex market (FX) if Necessary

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© Japan’s Hirokazu Matsuno : Will Take the Right Action on the Forex market (FX) if Necessary

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On Wednesday, Japanese Chief Cabinet Secretary Hirokazu Matsuno repeated that the officials would take the right action on the forex market (FX) if necessary.

However, Hirokazu Matsuno said that he doesn’t have any comments on forex market (FX) intervention.

The Market Reaction

The USD/JPY currency pair has fallen from its 24-year highs of 135.60, and it is currently trading around 135.20 ahead of the crucial Fed rate rise decision.


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