Japan’s Suzuki: Closely watching FX market moves with strong sense of urgency

Dhwani Mehta FXStreet

Japanese Finance Minister Shunichi Suzuki is back on the wires, via Reuters, continuing with the verbal intervention, as the Yen approaches 151.00 against the US Dollar.

Key quotes

Closely watching forex market moves with strong sense of urgency.

Will not comment on FX level.

Important for currencies to move stably reflecting fundamentals.

Made no comment, when asked about intervention.

Forex stability is important.

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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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