- Japan’s Suzuki: Sudden FX moves are undesirable
Market news
1 tháng 9 2023
Japan’s Suzuki: Sudden FX moves are undesirable
Japan’s Finance Minister Shunichi Suzuki is providing verbal intervention on Friday, reiterating that “sudden FX moves are undesirable.”
Further comments
Forex moves should be set by the market.
FX rates should reflect fundamentals.
Market reaction
At the press time, USD/JPY is ranging at around 145.50, flat on the day.
Market Focus
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