No comment on whether Japan intervened in FX market – Crypto News – Crypto News
Connect with us
Won't rule out any options for response to FX moves Won't rule out any options for response to FX moves

others

No comment on whether Japan intervened in FX market – Crypto News

Published

on

Share:

Japanese Finance Minister Shunichi Suzuki said on Wednesday that he doesn’t want to “comment on whether Japan intervened in the FX market.”

Additional quotes

Currency rates should be set by the market.

Rapid FX moves are undesirable.

FX stability is important.

Won’t rule out any options against excessive moves.

We are watching FX moves very carefully.

Market reaction

USD/JPY is holding higher ground near 149.25, despite the Japanese jaw-boning. The pair is up 0.15% on the day, as of writing.

Trending