Commenting on the currency price movements, the Japanese Finance Minister Shunichi Suzuki said that they are “closely watching the impact of FX moves on the economy.”
“FX stability is important,’ Suzuki added.
USD/JPY is flirting with daily lows of 115.82 on these comments, trading 0.06% higher on the day. The pair once again failed to resist above the 116.00 level.