Japan’s Suzuki: No comment on whether Japan intervened in FX market

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Japanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.” Additional

Japanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.”Won't rule out any options against excessive moves.is holding higher ground near 149.25, despite the Japanese jaw-boning. The pair is up 0.15% on the day, as of writing.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.NZD/USD has come under heavy selling pressure, dropping below 0.5900 after the Reserve Bank of New Zealand held the key interest rate unchanged at 5.5% in October, as widely expected. RBNZ offered a gloomy economic outlook, adding to the Kiwi's downside. AUD/USD is trading above 0.6300, attempting a recovery from a fresh 11-month low in early Asia on Wednesday.

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Japan ready to take action if yen falls sharply, finance minister saysThe Japanese government stands ready to take action if the yen weakens too sharply, Finance Minister Shunichi Suzuki said Tuesday.
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