Japan finmin Suzuki: FX stability is very important
|Japan's finance minister Shun'ichi Suzuki's recent comments are crossing the wires:
- FX stability is very important.
- Closely watching market moves.
- Did not comment when asked whether weak yen is negative.
There has been no reaction to these comments. USD/JPY is moving in on the higher levels since January 2017 and trades near 118.30. The US dollar is strong at the start of the week in risk-off conditions. Weekend headlines included an FT report claiming that US officials believe Russia asked China to supply military equipment. The Chinese embassy in Washington, DC, said it had not heard of this.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.