9 September 2022 | Other

Japanese government committed to take action to handle 'rapid, one-sided' yen changes

According to the statement made by Seiji Kihara, Deputy Chief Cabinet Secretary, the government is determined to act firmly to address the situation with the rapid changes in the yen exchange rates.

Kihara expressed his concern over the nature of said changes, calling the registered moves  'rapid and one-sided', and spoke about the intention of the country’s headship to act firmly in case such moves continues.

Seiji Kihara declined to comment on certain attitudes of some market participants when asked about a potential yen-buying intervention.

The weakening of the national currency, which was initially perceived from a positive side as being a tool for expert strengthening, is now becoming a problem for the Japanese government due to the effect it has on the already expensive import of fuel and resources.

Company MarketCheese
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
Today at 09:40 AM 2
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
Today at 08:54 AM 5
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
Today at 06:17 AM 11
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
Today at 05:40 AM 8
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
Today at 05:40 AM 7
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
Yesterday at 11:49 AM 34
Go to forecasts