Japan’s Suzuki: No discussion on fx rates with Yellen

Dhwani Mehta FXStreet

Following his telephonic conversation with US Treasury Secretary Janet Yellen, Japan’s Finance Minister Shunichi Suzuki said that he had no discussion on the fx rates with Yellen.

Additional quotes

“Yellen and I exchanged views on co-operation to resolve global issues.”

“Yellen explained on inflation in the context of the US domestic economic situation.”

“FX stability is important.”

“Closely watching currency moves, impact on economy.”

Market reaction

USD/JPY is holding onto the rebound around 113.75, up 0.19% on the day, as of writing.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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