Japan’s Motegi: We have agreed with the US to create a balanced deal

Alongside the comments from Japan’s Finance Minister Aso, the country’s Economy Minister Motegi also crossed the wires, making some comments on the US-Japan trade deal.

Key Quotes:

Want to deal with the auto-tariff issue in the US trade deal.

We have agreed with the US to create a balanced deal.

The Yen is seen picking up some strength on the above comments amid increased hopes of a likely US-Japan trade deal. USD/JPY extends losses to test daily lows near 105.80 region, down -0.30% on the day.