- Japan’s Suzuki: Will take necessary steps to prevent excessive FX volatility
Market news
14 November 2023
Japan’s Suzuki: Will take necessary steps to prevent excessive FX volatility
Japanese Finance Minister Sunichi Suzuki said on Monday that it’s important for currencies to move in stable manner reflecting fundamentals.
Additional quotes
“Important for currencies to move in stable manner reflecting fundamentals.”
“Excessive forex moves undesirable.”
“Will continue to take all possible steps on FX moves.”
“Aware that there are pros and cons with a weak yen.”
“Won't comment on FX levels.”
Market reaction
At the time of writing, USD/JPY is trading 0.05% higher on the day at 151.72.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page