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Markets movements are important – Japan’s Suga

FXStreet (Mumbai) - The Japanese Cabinet Secretary Yoshihide Suga on Bloomberg refrained from commenting on the fall in Nikkei but stated it is important to pay attention to market movements.

Suga reiterated that his government shall proceed with the implementation of the three arrows of Abenomics. Regarding China, he expressed confidence that the nation shall take appropriate steps on the economy.

USD/JPY above 120.00 as Treasury yields rise

The risk-on sentiment in the markets today pushed the long duration treasury yields higher and led to a spike in the USD/JPY pair to 120.20 levels.
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