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Japan Finmin Suzuki: No comment on whether Japan intervened in FX market
JAPAN FINMIN SUZUKI: NO COMMENT ON WHETHER JAPAN INTERVENED IN FX MARKET
— First Squawk (@FirstSquawk) October 6, 2023
Added at 10:58pm
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Japan’s Suzuki declines to comment on whether Japan intervened in FX market
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.
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