USD/JPY weakens to 158.30 range, with finance minister's remarks also weighing | FX & Currency News

The story

USD/JPY remains slow to recover and has currently declined to around 158.33. The market is watching its movement in the 158.30 range.

Selling pressure intensified after information circulated that Finance Minister Katayama (片山) had said, "President Trump expressed concern about the yen's weakness."

At a glance

Exchange rateUSD/JPY weakened to 158.33 and is trading in the 158.30 range

SpeakerFinance Minister Katayama (片山)

DetailsSelling pressure intensified as information circulated that President Trump had expressed concern about the yen's weakness

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