Japanese finance minister across the wires 5 May
- US rate hikes should be gradual
- could put developing nations in a hard place, always a possibility of capital flight
Yep, and what about your need to get USDJPY higher? Or you just being patient?
Earlier Aso said FX rates must be decided by market and that the yen is a stable currency. Eamonn had the story here
USDJPY unfazed at 112.30 looking supported again but only mid-way in a 112.00-60 current range.
