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Japan’s Kato: Will take appropriate action against excessive moves

Japanese Finance Minister Katsunobu Kato said on Monday, he “will take appropriate action against excessive moves.”

It is “important for currencies to move in stable manner reflecting fundamentals,” he added.

NZD/USD gathers strength to near 0.5750 on softer US Dollar

The NZD/USD pair gathers strength to around 0.5745 during the early Asian session on Monday, bolstered by the weaker US Dollar (USD) and Chinese stimulus.
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BoJ’s Uchida: Will continue raising rates if the likelihood of achieving economic, price outlook rises

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida told the Japanese parliament on Monday that “we'll continue to access economic and financial market situations at home and abroad." "If our economic and price outlooks are to be achieved, we will adjust the degree of monetary easing by raising policy rates," he added.
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