Japan official once again warns against yen dropping - paying full attention to the impact

[forex4you]

Japan official once again warns against yen dropping - paying full attention to the impact

<p>Japan's government has released its monthly report on the economy for October, reiterating a warning:</p><p>government maintained a reference to the need to "pay full attention to the impact of financial and capital market fluctuations," a warning it added in the September report. </p><p>The line "mainly refers to currency exchange trends, but is also meant to warn against heightened volatility in general in other markets including stocks and interest rate moves," a Cabinet Office official told reporters ahead of the release of the report.</p><p>Info via Reuters. </p><p>Elsewhere in the report:</p><ul><li>kept the overall assessment of the economy unchanged for a fourth month</li><li>saying it was in a moderate recovery</li><li>raised its view on business spending</li><li>downgrading its assessment of imports</li><li>raised their view on capital expenditure for the first time since February</li></ul><p>USD/JPY update:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Japan official once again warns against yen dropping - paying full attention to the impact

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