Japan’s Suzuki: Closely watching FX moves with a high sense of urgency

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Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Thursday.

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” “Says it's important for currencies to move in a stable manner.” “Is closely watching FX moves with a high sense of urgency.” “Makes no comment when asked about currency intervention.” Market reaction At the time of writing, USD/JPY is trading 0.52% lower on the day at 150.46. Japanese Yen FAQs What key factors drive the Japanese Yen? The Japanese Yen is one of the world’s most traded currencies.

 

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