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Japan finance minister Suzuki says recent FX moves are sharp, one-sided

Japan finance minister Suzuki says recent FX moves are sharp, one-sided
The 'sharp, one-sided' comments are more firthright than usual. More strident.USD/JPY is getting closer to a level we can expect some actual yen-buying intervention. I've posted earlier on the sort of comments to watch for:The 4 phrases from Japanese officials to listen for signalling imminent yen interventionOk, Suzuki's statement: Fx should move stably reflecting fundamentalsRecent fx moves are sharp, one-sidedWill respond appropriately if fx moves become excessive This articl... Read More
Posted: Jun 27 2023, 03:03
Author Name: forexlive
Views: 092030

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