Japan’s Suzuki: Closely watching market moves
Japanese Finance Minister Shunich Suzuki is out on the wires, via Reuters, offering some verbal intervention, in the face of the rapid appreciation of the Japanese Yen lately.
Key quotes
Won’t comment on daily FX moves.
Closely watching market moves.
Desirable for currencies to move stably reflecting fundamentals.
I’m aware of various market talk but won’t comment on any of them.
Market reaction
At the time of writing, USD/JPY is losing 0.25% on the day to trade at 142.17.