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Japan’s Suzuki: Extreme FX volatility is undesirable

japan’s-suzuki: extreme-fx-volatility-is-undesirable

Japanese Finance Minister Shunichi Suzuki mentioned on Friday that the extreme FX volatility is undesirable and policymakers will take thorough steps on FX with a powerful sense of urgency. Nonetheless, Suzuki declined to touch upon the FX stage and intervention. 

Market response

On the press time, the USD/JPY pair is shedding 0.02% on the day to commerce at 150.37.

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