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Japan’s Top FX Diplomat Mimura: Recent Yen moves deviate from the fundamentals

FXStreetNov 5, 2025 7:20 AM

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Wednesday, “recent Yen moves deviate from the fundamentals.

Additional comments

  • There is some speculation in the market about Japan's macroeconomic policies, especially fiscal policy.
  • Yen long positions have been shrinking after the summer.
  • We all agree that monetary policy itself is in the hands of the Bank of Japan (BoJ).
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