Japan’s Top FX Diplomat Mimura: US economy’s outlook up to Trump’s macroeconomic policies

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Tuesday, “US economy outlook’s up to Trump’s macroeconomic policies.”

Further comments

Need to closely watch if China’s recent export strength will continue.

Inclined not to comment on individual cases, when asked about Nippon Steel-US.

Market reaction

USD/JPY is flirting with 155.00, falling hard on these comments. The pair is losing 0.35% on the day, as of writing.