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Japan finance minister Suzuki says rapid FX moves are undesirable

Japan finance minister Suzuki says rapid FX moves are undesirable
To respond appropriately to excessive movesNot targeting absolute FX levels when interveningExchange rate should move stably reflecting fundamentalsThe relative silence in the move of USD/JPY to 145.00 surely did see some thoughts of stealth intervention creep at the back of one's mind. But it seems like they would still be offering up some verbal warnings between here and 150.00 still at least. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Aug 15 2023, 05:27
Author Name: forexlive
Views: 102690

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