Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets

Yen jumps broadly in Asian trading today, boosted by heightened government warnings against the recent selloff on the currency. Japanese Finance Minister Katsunobu Kato issued a strong statement addressing the “one-sided and drastic moves” in Yen, confirming that the government is monitoring the situation with the “utmost sense of urgency.” He emphasized Japan’s commitment to […] The post Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets appeared first on Action Forex.

Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets

Yen jumps broadly in Asian trading today, boosted by heightened government warnings against the recent selloff on the currency. Japanese Finance Minister Katsunobu Kato issued a strong statement addressing the “one-sided and drastic moves” in Yen, confirming that the government is monitoring the situation with the “utmost sense of urgency.” He emphasized Japan’s commitment to […]

The post Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets appeared first on Action Forex.