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Japan’s Suzuki: Closely watching FX moves with sense of urgency while working with BOJ

Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching FX moves with a sense of urgency while working with the Bank of Japan (BOJ).

He declined to comment on day-to-day FX moves.

Market reaction

USD/JPY has paid little heed to the above comments, as it trades at 133.30, down 0.73% on the day. The pair is consolidating the recovery from multi-week troughs of 132.51.

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