Japan’s Finance Ministry Official: Sudden fx fluctuations not desirable

Dhwani Mehta FXStreet

Responding to the recent sharp depreciation of the yen, Japan’s senior Finance Ministry official said on Thursday, “sudden fx fluctuations not desirable.”

Additional quotes

No comment on every day-to-day forex moves.

Volatility is rising in recent forex market.

Watching fx moves with a high sense of urgency.

Market reaction

USD/JPY is trading at 139.52, up 0.43% on the day, reverting to the 24-high of 139.68 reached in the last hours.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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