Japanese Finance Minister Shunichi Suzuki is crossing the wires early Monday, continuing with the verbal intervention, as the USD/JPY pair approaches 150.00 once again.
Suzuki said that he was watching currency moves “cautiously”, per Bloomberg.
Market reaction
At the time of writing, USD/JPY is adding 0.30% on the day to trade near 149.70.
Source: https://www.fxstreet.com/news/japans-suzuki-watching-currency-moves-cautiously-202310020207
