Japan’s Suzuki declines to comment on whether Japan intervened in FX market

Market news

6 October 2023

Japan’s Suzuki declines to comment on whether Japan intervened in FX market

Japanese Finance Minister Shunichi Suzuki declined once again on Thursday to “comment on whether Japan intervened in FX market.”

Additional quotes

There are many factors to determine whether moves in FX are "excessive".

No change in how govt would deal with those.

Market reaction

USD/JPY is trading on the front foot near 148.60, despite the Japanese verbal intervention. The pair is up 0.07% on the day, as of writing.

USD/MXN hovers near 18.3000 below six-month high, awaits US NFP

EUR/USD Price Analysis: Consolidates around mid-1.0500s, focus remains on US NFP

Market Focus

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