Japanese FinMin Suzuki: Recent Yen Moves Rapid - Important For FX Rates To Move Stably Reflecting Fundamentals

Japanese FinMin Suzuki: Recent Yen Moves Rapid - Important For FX Rates To Move Stably Reflecting Fundamentals

Japanese FinMin Suzuki: Recent Yen Moves Rapid
- Important For FX Rates To Move Stably Reflecting Fundamentals
— LiveSquawk (@LiveSquawk) August 2, 2022

Added at 9:52pm

JAPAN'S FINANCE MINISTER SUZUKI: WE WILL CONTINUE TO ADVOCATE FOR A MINIMUM WAGE OF AT LEAST 1,000 YEN.
— Breaking Market News (@financialjuice) August 2, 2022

Added at 9:52pm

JAPAN FINMIN SUZUKI: CAREFULLY WATCHING FX MOVES AND IMPACT ON ECON WHILE WORKING WITH BOJ
— First Squawk (@FirstSquawk) August 2, 2022

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Comment #1
Quote
Aug 1, 2022 9:54pm Aug 1, 2022 9:54pm

Vishu258
| Joined Mar 2022 | Status: Member | 11 Comments

This man can't tolerate yen strengthening

Comment #2
Quote
Aug 1, 2022 11:16pm Aug 1, 2022 11:16pm

Bakker
Joined Jun 2011 | Status: Member | 2734 Comments

I think this man is struggling to know the difference between a strong and weak Yen.

Comment #3
Quote
Aug 2, 2022 3:07am Aug 2, 2022 3:07am

TheWolf
Joined May 2022 | Status: I'm Done | 205 Comments

First they were saying they are worried about weak Yen and now worried about rapid moves while Yen appreciates over other currencies. Makes me think this is a sign to start buying Yen and continue buying as long as they concerned about "strong Yen". It's just the opposite of what we had the last few months.

Comment #4
Quote
Aug 2, 2022 6:43am Aug 2, 2022 6:43am

Momofrmnyc
| Joined May 2019 | Status: Rolling in the Pippppssss! | 683 Comments

Quoting TheWolf

Disliked

First they were saying they are worried about weak Yen and now worried about rapid moves while Yen appreciates over other currencies. Makes me think this is a sign to start buying Yen and continue buying as long as they concerned about "strong Yen". It's just the opposite of what we had the last few months.

Ignored

Literally I've been just loading up on yen buys the past few weeks. Good that's it finally coming to fruition.

The markets are like water it ebbs and flows.

Comment #5
Quote
Aug 2, 2022 7:54am Aug 2, 2022 7:54am

Bakker
Joined Jun 2011 | Status: Member | 2734 Comments

GBP'JPY; a nice 200p from last night until this morning.

Comment #6
Quote
Aug 2, 2022 8:00am Aug 2, 2022 8:00am

TheWolf
Joined May 2022 | Status: I'm Done | 205 Comments

Quoting Bakker

Disliked

GBP'JPY; a nice 200p from last night until this morning.

Ignored

Got the whole candle. Now waiting to see if retracement will come or sell continues.

Comment #7
Quote
Aug 2, 2022 9:54am Aug 2, 2022 9:54am

HogTrader
| Joined Apr 2022 | Status: Member | 30 Comments

Seems all the Yen bears are all trying to get out the door at the same time. Fireworks! Gotta luv it!

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Posted: Aug 1, 2022 9:51pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 7 / Views: 2,971

Japanese FinMin Suzuki: Recent Yen Moves Rapid - Important For FX Rates To Move Stably Reflecting Fundamentals

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