Japan’s Matsuno: Monitoring impact of weak yen on the economy with sense of urgency

Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday, the government is “monitoring impact of weak yen on the Japanese economy closely with a sense of urgency.”

Matsuno added: “Best that forex market maintains stability while reflecting fundamentals.”

USD/JPY has the high from June 2015 at 125.86 in its crosshairs – MUFG

USD/JPY is trading at a fresh year to date high of 123.70. Economists at MUFG Bank expect the pair to hit the June 2015 peak at 125.86. Little pushbac
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GBP/USD hangs near multi-day low, around mid-1.3100s ahead of Bailey’s speech

The GBP/USD pair maintained its offered tone through the early European session and was last seen trading around mid-1.3100s, just a few pips above th
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