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