Japan’s Suzuki declines to comment on whether Japan intervened in FX market

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Japanese Finance Minister Shunichi Suzuki declined once again on Thursday to “comment on whether Japan intervened in FX market.”

Additional quotes

There are many factors to determine whether moves in FX are “excessive”.

No change in how govt would deal with those.

Market reaction

USD/JPY is trading on the front foot near 148.60, despite the Japanese verbal intervention. The pair is up 0.07% on the day, as of writing.

Source: https://www.fxstreet.com/news/japans-suzuki-declines-to-comment-on-whether-japan-intervened-in-fx-market-202310060251

Source: https://webfulnet.com/

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