Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Japanese Finance Minister: Recent Exchange Rate Fluctuations Are Out of Line with Economic Fundamentals

Japanese Finance Minister: Recent Exchange Rate Fluctuations Are Out of Line with Economic Fundamentals

金十金十2026/03/17 01:55
Show original
Golden Ten Data, March 17 — Japanese Finance Minister Katsuyuki Katayama stated that recent exchange rate fluctuations are inconsistent with economic fundamentals and once again warned that authorities may take action to address exchange rate movements. "There has been significant volatility across the overall financial market," Katayama told reporters on Tuesday. She pointed out that the disconnect between exchange rate fluctuations and economic fundamentals has persisted for some time, and noted that the current deviation seems particularly pronounced. Referring to her remarks on Monday, Katayama said, "Considering the impact of exchange rates on people's daily lives, we are fully prepared to respond at any time." Akira Moroga, Chief Market Strategist at Aozora Bank, commented that the "decisive action" mentioned by Katayama on Monday is almost the strongest wording possible. Concerns about intervention have limited the upside for the US dollar. Teppei Ino, Head of Tokyo Global Market Research at Mitsubishi UFJ Bank, stated that we need to keep in mind the possibility of the yen falling below 160 again. Government officials may continue to issue verbal warnings, but these statements are unlikely to substantially change market sentiment.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

IWF ETF Declines 1.3%

This article was automatically generated using Dow Jones technology. Shares of iShares Russell 1000 Growth ETF dropped 1.3% to $127.11 Thursday on what proved to be an overall negative trading session for the U.S. stock market, with the S&P 500 Index falling 0.5% to 7,765.36. This was the fund's second consecutive day of losses. The fund's underlying index, the Russell 1000 Growth Index, fell 1.3%. The ETF's shares closed 2.1% below the 52-week high of $129.80 seen on October 6, 2026. Trading volume was 4,726,199, compared to the 65-day average trading volume of 3,881,173. As of October 7, the fund's net asset value totaled $128.81 per share. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 08, 2026 16:36 ET (20:36 GMT)

Dow Jones•2026/10/08 20:36

FactSet Research Systems Inc. Stock Advances 5.0%, Outperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of FactSet Research Systems Inc. advanced 5.0% to $286.52 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 51,231.64 and the S&P 500 Index falling 0.5% to 7,765.36. This was the stock's second consecutive day of gains. FactSet Research Systems Inc. closed 10.6% below its 52-week high of $320.48, which the company achieved on September 3rd. The stock outperformed some of its peers, as Alphabet Inc. Cl C fell 0.7% to $344.86, Alphabet Inc. Cl A fell 0.6% to $348.29, and S&P Global Inc. rose 1.91% to $402.73. Trading volume totaled 1.1 million, compared to the 50-day average of 847,281. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 08, 2026 16:34 ET (20:34 GMT)

Dow Jones•2026/10/08 20:34

Trane CEO David Regnery disposes of 48,091 common shares worth $23,083,680

Trane Technologies Chair and CEO David S. Regnery sold 48,091 ordinary shares on Oct. 6 at USD 480. He also exercised stock options for 48,091 shares at USD 78.97 on the same day. Direct holdings fell to 96,951 ordinary shares following the transactions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trane Technologies plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065454), on October 08, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/08 20:12