Select Language

Japan's Kato says recently seen one-sided, rapid moves 

Breaking news

Japan's Kato says recently seen one-sided, rapid moves 

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.10 11:23
Japan's Kato says recently seen one-sided, rapid moves 

update 2025.10.10 11:23

Japanese Finance Minister Katsunobu Kato said on Friday that he recently sees one-sided and rapid moves in the foreign exchange, adding that it's important for currencies to move in a stable manner reflecting fundamentals.

Key quotes

Won't comment on forex levels.

Recently seeing one-sided, rapid moves.

Important for currencies to move in stable manner reflecting fundamentals.

Will thoroughly monitor for excessive fluctuations and disorderly movements in forex market.

Weak yen has both benefits, disadvantages.

Important for currencies to move in stable manner reflecting fundamentals.

Market reaction  

As of writing, the USD/JPY pair is up 0.07% on the day at 152.92.

Japanese Yen FAQs

The Japanese Yen (JPY) is one of the world's most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan's policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.

One of the Bank of Japan's mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.

Over the last decade, the BoJ's stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.

The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen's value against other currencies seen as more risky to invest in.


Date

Created

 : 2025.10.10

Update

Last updated

 : 2025.10.10

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

USD/JPY gathers strength above 154.00 as US private payrolls rebound in October

The USD/JPY pair attracts some buyers to around 154.05 during the early Asian session on Thursday.
New
update2025.11.06 08:19

GBP/JPY Price Forecast: Rebounds above 201.00 but upside limited

The GBP/JPY shows signs of recovery on Wednesday, trades above the 50-day Simple Moving Average (SMA) of 200.97, after hitting a daily low of 199.61 earlier in the session. At the time of writing, the pair trades at 201.10, up 0.53%.
New
update2025.11.06 08:04

When is the Australian Trade Data and how could it affect AUD/USD?

The Australian Bureau of Statistics will publish its data for August on Thursday at 00.30 GMT. Trade surplus is expected to widen to 3,850M MoM in September, compared to 1,825M in the previous reading.
New
update2025.11.06 07:30

EUR/USD steadies near 1.15 as traders scale back Fed rate-cut bets

EUR/USD consolidates at around 1.1480 on Wednesday, snapping five days of losses after economic data in the US prompted investors to grow less confident about a rate cut by the Federal Reserve (Fed) at the December meeting. At the time of writing, the pair trades unchanged at 1.1484.
New
update2025.11.06 06:42

FX Today: The BoE is expected to keep its policy rate unchanged. US shutdown hits record

The US Dollar (USD) maintained its upside momentum for yet another day, navigating the area of multi-month tops amid further repricing of Fed rate cuts and the still unresolved US federal government shutdown, which is now the longest in history.
New
update2025.11.06 04:05

WTI Crude Oil slides below $60 after EIA reports surprise inventory build

West Texas Intermediate (WTI) Crude Oil extends its decline for the third consecutive day on Wednesday, slipping below the key $60.00 per barrel mark to hit a one-week low after the latest US Energy Information Administration (EIA) report showed a larger-than-expected inventory build.
New
update2025.11.06 03:29

Gold climbs over 1% despite strong US data fueling mixed market mood

Gold (XAU/USD) price rises more than 1% on Wednesday after a slew of economic data was released in the United States (US), which strengthened the US Dollar (USD), but also the yellow metal, which trades at around $3,980 after hitting a daily low of $3,929.
New
update2025.11.06 03:21

Dow Jones Industrial Average recovers 300 points after AI sell-off finds footing

The Dow Jones Industrial Average (DJIA) crimped bearish flows on Wednesday, finding a near-term foothold near the 47,200 level and rising 300 points as equity markets recover following an early-week plunge in the heavily concentrated AI and tech infrastructure segments.
New
update2025.11.06 03:18

NZD/USD rises slightly on China tariff relief amid weak NZ labor market

NZD/USD recovers on Wednesday, trading around 0.5660 at the time of writing, supported by improving global trade sentiment after China announced it would suspend part of its tariffs on US agricultural goods starting November 10.
New
update2025.11.06 03:12

Fed's Miran: ADP data was a welcome surprise

Federal Reserve Governor Stephen Miran speaks about the Job market and the monetary policy for Yahoo Finance on Wednesday. He said that the ADP data was a welcome surprise and that he sees additional investment demand over time.
New
update2025.11.06 01:25

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel