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Kato: Japan to respond appropriately after examining new US President’s policies

Japan’s Finance Minister Katsunobu Kato on Tuesday that “Japan to respond appropriately after examining new US President’s policies.”

Additional quotes

Will closely monitor impact of US policies on world economy, Japan.

Expect the BoJ to conduct monetary policies appropriately to achieve 2% inflation target.

Market reaction

USD/JPY is back under 155.50 following these above comments, losing 0.15% on the day.

USD/CAD rises to near 1.4450 on Trump's remarks on tariffs

The USD/CAD pair jumps to around 1.4445 during the Asian trading hours on Tuesday.
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Japanese Yen pulls back from multi-week top against USD after Trump’s comments

The Japanese Yen (JPY) retreats sharply after touching a five-week top against its American counterpart during the Asian session on Tuesday, with the USD/JPY pair rallying over 100 pips from levels below the 155.00 psychological mark in the last hour.
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