Japanese Chief Cabinet Secretary Yohsimasa Hayashi said on Monday that he is “closely watching market moves with a sense of urgency.”

Additional quotes

"Share prices are determined by various factors including economic situation, corporate activity."

"US tariffs expected to bring big impact to Japan-US economic relations."

"Will continue to urge us to review tariff measures."

The country’s Finance Minister Shunichi Kato also said that he is “closely watching market moves.”

Market reaction

USD/JPY was last seen trading at 146.42, still down 0.11% on the day.


Source: Fxstreet