Japn finmin Suzuki says will take action on FX if necessary

[forex4you]

Japn finmin Suzuki says will take action on FX if necessary

<p>Japan finance minister Suzuki comments now seeking to support the yen:</p><ul><li>
no comment on every day-to-day forex moves</li><li>important for
currencies to move stably reflecting economic fundamentals</li><li>recent fx market
moves are big</li><li>to take appropriate
action on fx if necessary</li><li>watching fx moves
with high sense of urgency</li><li>to brief media after
g7 finmin meeting tonight</li><li>excessive,
disorderly forex moves can have negative impact on the economy</li><li>to coordinate with
other countries, respond to fx moves as appropriate</li></ul><p>---</p><p>Earlier:</p><p><a href="https://www.forexlive.com/centralbank/japan-chief-cabinet-secretary-matsuno-tries-to-talk-up-the-yen-20220902/" target="_blank" data-article-link="true">Japan chief cabinet secretary Matsuno tries to talk up the yen</a></p><p><a href="https://www.forexlive.com/centralbank/usdjpy-above-140-get-ready-for-ineffective-talking-intervention-out-of-japan-today-20220901/" target="_blank" data-article-link="true">USD/JPY above 140, get ready for (ineffective) talking intervention out of Japan today</a></p>

This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Japn finmin Suzuki says will take action on FX if necessary

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