Japan is ready to respond to FX moves as needed, premier Takaichi says

Japanese Prime Minister Sanae Takaichi warned of a big impact on the currency market due to speculative trading, stating authorities are ready to respond as needed.

​Japanese ‌Prime Minister ​Sanae Takaichi ‌said on Wednesday the authorities ‌stood ready to respond ‌to exchange-rate moves as ⁠needed.

"Speculative ​trading ⁠that is not ⁠based on ​real demand is having ⁠a big impact ⁠on ​the currency market," ⁠Takaichi said.