Japan fin min Kato: Japan does not manipulate the FX market to weaken the yen

Forex Short News
  • Japan’s guidelines in managing its foreign reserves is to avoid causing volatility in markets
  • Hard to say how US long-term interest rates would move as they will be driven by various factors

USD/JPY is quiet so far in Asia-Pacific trading, down 4 pips to 142.37.

This article was written by Adam Button at www.forexlive.com.