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.
This article was originally published by Fxstreet.com. Read the original article here.
