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Desirable for FX to move steadily, reflecting fundamentals

Bank of Japan Governor Kazuo Ueda said during his scheduled appearance on Tuesday that it was “desirable for FX to move steadily, reflecting fundamentals.”

Additional quotes

Global markets remain somewhat volatile.

You need to follow market developments with a strong sense of urgency for now.

In the medium to long term, the BoJ hopes to help household and corporate activity by achieving price stability.

Market reaction

USD/JPY is clinging to its most recent rally above 144.00 following these comments, adding 0.40% so far.

Japanese Yen PRICE Today

The table below shows the percentage change of the Japanese Yen (JPY) against the major listed currencies today. The Japanese yen was the weakest against the Canadian dollar.

USD EURO GBP JPY CAD AUD NZD CHF
USD 0.05% 0.07% 0.39% -0.11% 0.23% 0.08% 0.11%
EURO -0.05% 0.03% 0.35% -0.20% 0.18% 0.03% 0.06%
GBP -0.07% -0.03% 0.33% -0.19% 0.17% -0.00% 0.03%
JPY -0.39% -0.35% -0.33% -0.48% -0.17% -0.35% -0.30%
CAD 0.11% 0.20% 0.19% 0.48% 0.34% 0.19% 0.22%
AUD -0.23% -0.18% -0.17% 0.17% -0.34% -0.15% -0.13%
NZD -0.08% -0.03% 0.00% 0.35% -0.19% 0.15% 0.03%
CHF -0.11% -0.06% -0.03% 0.30% -0.22% 0.13% -0.03%

The heatmap shows the percentage changes of major currencies against each other. The base currency is chosen from the left column, while the quote currency is chosen from the top row. For example, if you choose the Japanese yen in the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will be JPY (base)/USD (quote).

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