Japan’s Suzuki: Won't rule out any steps to respond if there's any excessive FX volatility

Market news

28 September 2023

Japan’s Suzuki: Won't rule out any steps to respond if there's any excessive FX volatility

Japanese Finance Minister Shunichi Suzuki is reiterating on Thursday, he won't rule out any steps to respond if there's any excessive FX volatility

Additional comments

Important for currencies to move in stable manner.

Closely watching FX moves with sense of urgency.

Declined to comment when asked about any plans for rate check.

Market reaction

At the time of writing, USD/JPY is losing 0.10% on the day at 149.47.

USD/CAD trades with modest losses below 1.3500 as Oil prices surge to over one-year high

Australia’s Retail Sales rise 0.2% MoM in August vs. 0.3% expected

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