MUFG says Japan rate increases will accelerate, due to more inflation pressure
MUFG chairman says Japan’s rate increase will be accelerated because there is more inflation pressure.Its been an active morning in Asia for yen:USD/JPY drops towards 154.00Japanese Economic Revitalisation Minister Akazawa says crucial to boost payJapan finance minister Kato - will continue to take action on excessive FX movesUSD/JPY now off its lows: This article was written by Eamonn Sheridan at www.forexlive.com.
MUFG chairman says Japan’s rate increase will be accelerated because there is more inflation pressure.
Its been an active morning in Asia for yen:
- USD/JPY drops towards 154.00
- Japanese Economic Revitalisation Minister Akazawa says crucial to boost pay
- Japan finance minister Kato - will continue to take action on excessive FX moves
USD/JPY now off its lows: This article was written by Eamonn Sheridan at www.forexlive.com.
