Japan’s Finance Minister says monetary policy remains the responsibility of the BOJ | Metals Mine
Added at 1:10am
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ZforexCM
14 hr ago
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The Japanese yen held near 162 per dollar as softer U.S. inflation reduced expectations for aggressive Federal Reserve rate hikes, easing some pressure on the currency. Still, gains remained limited as renewed tensions in the Middle East pushed oil prices higher, reviving inflation concerns and supporting the dollar.

Meanwhile, Finance Minister Satsuki Katayama reiterated that exchange rates should be determined by markets, while emphasizing that monetary policy decisions remain the responsibility of the Bank of Japan.

Initial resistance stands at 162.40, while the first support is at 161.50.

R1: 162.40 | S1: 161.50
R2: 163.00 | S2: 160.70
R3: 163.50 | S3: 160.00
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Sigma09
15 hr ago
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Talking helps to keep the currency from plummeting further, but talking alone without action will eventually lead to ruin.
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Trader#E775
14 hr ago
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Responsible of the BOJ then why that Lady PM is giving too much interference action lolzzzzz that lady PM is a failure like that old man Trump zZzZzzz the people of Japan has too much to suffer to come zZzZzz lol
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letshavefunt
14 hr ago
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BOJ: "It's my job." Finance Minister: "Exactly."
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