Commenting on the G7 statement on response to the coronavirus’ impact on the global economy, all possible steps the group can take include fiscal and monetary policy measures, Japanese Finance Minister Aso said on Tuesday. “Response to virus impact on the economy will vary from country to country,” Aso added. “If the spread of the virus is contained, domestic demand would not fall so sharply.” USD/JPY reaction The USD/JPY pair lost its traction following the G7 statement and Aso’s remarks and was last seen erasing 0.52% on the day at 107.75. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: Steadily climbs to session tops, further beyond $1600 mark FX Street 2 years Commenting on the G7 statement on response to the coronavirus' impact on the global economy, all possible steps the group can take include fiscal and monetary policy measures, Japanese Finance Minister Aso said on Tuesday. "Response to virus impact on the economy will vary from country to country," Aso added. "If the spread of the virus is contained, domestic demand would not fall so sharply." USD/JPY reaction The USD/JPY pair lost its traction following the G7 statement and Aso's remarks and was last seen erasing 0.52% on the day at 107.75. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
