Japan’s Yamagiwa: Will consider impact of energy prices on economy in compiling stimulus package

Japan’s Economy Minister Daishiro Yamagiwa declines to comment on the size and the content of the economic stimulus package.

He said that his government “will take into account impact of energy prices on the economy in compiling stimulus package.”

Market reaction

USD/JPY is currently trading at 113.63, down 0.10% on the day, weighed down by the risk-off trading in the Asian equities ahead of the US NFP report.

• USD/JPY Price Analysis: Steady around 113.75, trapped within the 113.50-114.20 range