9:43 AM · 14 September 2022

Japanese government wants to stabilize Yen!

Hirokazu Matsuno, Japan's chief cabinet secretary, communicated that the government is ready to make any possible decision to stabilize the current volatility on the Japanese yen.

In response to these comments and the attempted rebound of other currencies against the US dollar, the USD/JPY pair is currently losing more than 1%.

The USD/JPY pair is heading towards the opening of yesterday's D1 candle. Source: xStation 5

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