Japan’s Suzuki: Won't rule out any options against excessive FX moves
|Japanese Finance Minister Shunichi Suzuki is out with some verbal intervention this Friday, reiterating that they “won't rule out any options against excessive FX moves.”
Additional comments
“Rapid FX moves are undesirable.”
“Its important that FX move stably reflecting fundamentals.”
Market reaction
USD/JPY has been under pressure so far this Friday’s Asian trading, currently trading 0.13% lower on the day at 147.10.
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