• Japan’s Suzuki: Watching FX moves 'carefully'

Noticias del mercado

19 enero 2024

Japan’s Suzuki: Watching FX moves 'carefully'

Japan Finance Minister Shunichi Suzuki is out on the wires, offering some verbal intervention, as the Japanese Yen continues to weaken against the US Dollar.

Key quotes

Watching FX moves 'carefully'.

Forex moves are driven by various factors.

the government is watching FX developments carefully.

its important for FX to move stably, reflecting fundamentals.

Market reaction

The Japanese Yen is recovering some losses on the above comments, dragging USD/JPY lower to 148.25, as of writing. The pair is still up 0.07% on the day.

Enfoque del mercado
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