Reply To: Forex Traders Weekly Outlook – Commodity Currencies Lift Ahead of RBA and BOC Rate Meetings

#59622
MoneyNeverSleeps
Participant

Japan Finance Minister Suzuki
FX rate moves are driven by the market, various factors
A weak yen has various impact on Japan’s economy such as exports, import prices
Current account balance, Japan’s stance on fiscal reform also affect long-term market trust on yen

Bank of Japan Governor Ueda:
One of the biggest factors that affect market trust in yen is price stability