News
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Japan’s Kato: Must take action if necessary while monitoring impacts of forex moves
Japan’s newly appointed Finance Minister Katsunobu Kato on Monday that the government “must take action if necessary while monitoring impacts of forex moves on economic and household activities.” Further comments Weak Yen has both merits and demerits.Fxstreet
Mon, Oct 7
Israel strikes Lebanon, Gaza ahead of one-year anniversary of attacks
Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the October 7 attacks that sparked its war, as Israel's defense minister declared all options were open for retaliation against arch-enemy Iran, per Reuters.Fxstreet
Mon, Oct 7
Japan’s Top FX Diplomat Mimura will monitor FX including speculative movement
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, on Monday, warned against speculative moves on the foreign exchange (FX) market as the Yen fell below 149 per dollar, per Reuters.Fxstreet
Mon, Oct 7
ECB Villeroy: Bank will quite probably cut rates in October
European Central Bank (ECB) Governing Council policymaker and French central bank governor François Villeroy de Galhau said on Sunday that the central bank might cut the interest rate in the October meeting as economic growth is weak.Fxstreet
Mon, Oct 7
