Japan’s Suzuki: Won't rule out any options against excessive FX moves

Notícias do Mercado

8 setembro 2023

Japan’s Suzuki: Won't rule out any options against excessive FX moves

Japanese Finance Minister Shunichi Suzuki is out with some verbal intervention this Friday, reiterating that they “won't rule out any options against excessive FX moves.”

Additional comments

“Rapid FX moves are undesirable.”

“Its important that FX move stably reflecting fundamentals.”

Market reaction

USD/JPY has been under pressure so far this Friday’s Asian trading, currently trading 0.13% lower on the day at 147.10.

AUD/USD remains confined in a range above mid-0.6300s, seems vulnerable near YTD low

PBOC sets USD/CNY reference rate at 7.2150 vs. 7.3297 previous

O foco de mercado

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