Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Japan’s Katayama says joint FX statement with US persists, will act against disorderly moves

Japan’s Katayama says joint FX statement with US persists, will act against disorderly moves

FXStreetFXStreet2026/11/02 01:33

Japanese Finance Minister (FM) Satsuki Katayama said on Monday that the Joint FX statement with the United States (US) persists and the government will act against disorderly moves.

Key quotes

Will strive to estimate tax revenue precisely, with increased transparency. 

Joint FX statement with US persists, will act against disorderly moves. 

Declines to comment on particular FX levels. 

PM Takaichi says yen undervaluation poses problems. 

Crucial to maintain stable FX markets. 

Current levels neither good nor bad. 

Conditions have gotten better than before. 

Need to avoid chaotic fluctuations. 

Market reaction

At the time of writing, the USD/JPY pair is up 0.14% on the day at 157.80. 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Signal of a rebound? Goldman Sachs US stock panic index reaches "extreme levels"

Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31
Signal of a rebound? Goldman Sachs US stock panic index reaches "extreme levels"

SpaceX (SPCX.US) undergoes board changes: Google executive departs, Tesla merger evaluation underway.

SpaceX (SPCX.US) announced on Friday that Don Harrison has resigned from the company's board of directors.

智通财经•2026/11/07 06:31