- Japan’s Suzuki: The yen is weakening, will continue to watch FX moves
Market news
2 tháng 11 2021
Japan’s Suzuki: The yen is weakening, will continue to watch FX moves
Japan Finance Minister Shunichi Suzuki acknowledged the ongoing depreciation in the yen but refrained from commenting on the forex levels, in his appearance on Tuesday.
Key quotes
“The yen is weakening.”
“No comment on FX levels.
“Stability in currencies is important.”
“Will continue to watch FX moves.”
Market reaction
USD/JPY gyrates around 114.00, despite the rebound in the US dollar across the board, as a dour mood weighs on the spot.
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