Japan’s Suzuki: No comment on whether Japan intervened in FX market
|Japanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.”
Additional quotes
Currency rates should be set by the market.
Rapid FX moves are undesirable.
FX stability is important.
Won't rule out any options against excessive moves.
We are watching FX moves very carefully.
Market reaction
USD/JPY is holding higher ground near 149.25, despite the Japanese jaw-boning. The pair is up 0.15% on the day, as of writing.
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