Japan's Finance Minister Suzuki: The market determines the forex rate

It's better to keep open eye on the market...

Keep calm and sit tight,Suzuki. ではごきげんよう

You made me laugh

This is what happens when you have deflation when the whole world have inflation. Japan CPI is standing around 1% and their economy is good overall. No need for raising rates if there is no inflation. But because of the pressure in the market they will maybe raise rates or BOJ will buy huge amounts of yen which will eventually lead to slowing the economy without any particular reason .

they are alarming big boys to get out from their short jpy . we are ready to intervene. and this will happen sooner or later .
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Yen has fallen,
Ocean is deep,
Market forces define the bottom.

JPY Index UPDATE vs USD index D1