Desirable for FX to move stably reflecting fundamentals
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Bank of Japan Governor Kazuo Ueda said during his scheduled appearance on Tuesday, it is “desirable for FX to move stably reflecting fundamentals.” Additional quotes Global markets remain somewhat unstable. Must watch market developments with strong sense of urgency for time being. In medium- to long-term perspective, BoJ hopes to help household, corporate activity by achieving price stability. Market reaction USD/JPY clings to the latest uptick above 144.00 following these comments, adding 0.40% so far. Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the weakest against the Canadian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.05% 0.07% 0.39% -0.11% 0.23% 0.08% 0.11% EUR -0.05% 0.03% 0.35% -0.20% 0.18% 0.03% 0.06% GBP -0.07% -0.03% 0.33% -0.19% 0.17% -0.00% 0.03% JPY -0.39% -0.35% -0.33% -0.48% -0.17% -0.35% -0.30% CAD 0.11% 0.20% 0.19% 0.48% 0.34% 0.19% 0.22% AUD -0.23% -0.18% -0.17% 0.17% -0.34% -0.15% -0.13% NZD -0.08% -0.03% 0.00% 0.35% -0.19% 0.15% 0.03% CHF -0.11% -0.06% -0.03% 0.30% -0.22% 0.13% -0.03% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote). Source: https://www.fxstreet.com/news/bojs-ueda-desirable-for-fx-to-move-stably-reflecting-fundamentals-202409240618
Filed under: News - @ September 24, 2024 6:27 am