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9 Feb 2016

Yen’s recent moves have been "rough" – Japan’s FinMin Aso warns

Japanese Finance Minister Taro Aso was on the wires today, warning markets over the recent yen’s strength which negates the positive impact of PM Abe’s policy reforms.

Key Quotes:

It's clear that recent (JPY) moves have been rough

I'll keep a close watch on movements in the foreign exchange market
Feb 9, 2016

USD/CHF drops further, on its way to 0.9800

The demand for the Swiss franc is now picking up pace, dragging USD/CHF to test the 0.9820/10 band, or session lows...
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Feb 9, 2016

EUR: Outlook complicates over European banks concerns - MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the euro has continued to strengthen modestly boosted alongside the yen, although to a lesser extent, by more risk-averse trading conditions.
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