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Japan finance minister Suzuki says FX stability is important
As expected, some comments out of Japan with USD/JPY popping even higher:USD/JPY above 142.00, highest since November 2022Suzuki: FX stability importantClosely watching FX movesNo comment on FX levelsFX levels should be set by the marketFX should move stably reflecting the fundamentalsThis is low-level verbal intervention. As I also said earlier, this is the real stuff to watch for:The 4 phrases from Japanese officials to listen for signalling imminent yen intervention This arti...
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Posted: Jun 20 2023, 00:46
Author Name: forexlive
Views: 081143