Ueda says various factors behind FX moves and won’t comment on specific levels

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Ueda says various factors behind FX moves and won’t comment on specific levels

Won’t comment specifically on FX levels, moves. Various factors are behind FX moves. FX rates should move stably reflecting fundamentals. Monetary policy is among fundamental factors that affect FX moves. Monetary policy does not explicitly seek to control FX moves. Below is some prior comments from the governor a bit earlier this morning: www.forexlive.com

  • Won’t comment specifically on FX levels, moves.
  • Various factors are behind FX moves.
  • FX rates should move stably reflecting fundamentals.
  • Monetary policy is among fundamental factors that affect FX moves.
  • Monetary policy does not explicitly seek to control FX moves.

Below is some prior comments from the governor a bit earlier this morning:

www.forexlive.com