Bush's Japan visit leaves markets unimpressed

MARKET NEWS

TOKYO -- US president George W Bush's first visit to Japan had a limited overall impact on the FX markets, after the frenzy caused by a verbal blunder he made early last week died down.

The yen weakened by 0.15 yen per dollar following Bush's remarks after a meeting with Japanese prime minister Junchiro Koizumi last Monday (February 20), when Bush told reporters that he and Koizumi had discussed the devaluation issue. White House aides moved quickly to clarify that Bush had meant to say deflation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: