BoJ's Suzuki: We will respond appropriately to excessive FX moves

BoJ's Suzuki: We will respond appropriately to excessive FX moves

BOJ'S SUZUKI: WE WILL RESPOND APPROPRIATELY TO EXCESSIVE FX MOVES.
— FinancialJuice (@financialjuice) April 17, 2024

Added at 3:20pm

JAPAN FINANCE MINISTER SUZUKI: WANT TO CLOSELY CONSULT WITH U.S., SOUTH KOREA ON FX
— First Squawk (@FirstSquawk) April 17, 2024

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Comment #1
Quote
Apr 17, 2024 4:08pm Apr 17, 2024 4:08pm

MajidNouriIr
| Commercial Member | Joined Mar 2024 | 20 Comments

japanese yen is heavily stable at the current geopolitical situation.
This is an example of a healthy economy.
Japanese people are working harder.
Fed is still saving more gold for the next few years.

Instagram: @Forexhandler

Comment #2
Quote
Apr 17, 2024 4:58pm Apr 17, 2024 4:58pm

OnlineAddict
Joined May 2014 | Status: From1toMillion | 3168 Comments

Yeah, we have seen how you respond, in the past year.

Everyone can see the chart, but only a few can actually read it.

From1toMillion EA All Time Return: 1,350.3%

Comment #3
Quote
Apr 17, 2024 5:27pm Apr 17, 2024 5:27pm

ffghost
| Joined Mar 2024 | Status: Member | 308 Comments

I understand there are degrees of commentary from the BOJ leading up to intervention, and that no longer can/will one country act without the consent of other FX powerhouses, but I would be interested to know what constitutes "excessive FX moves". A slow slide doesn't seem to be of concern amid the current economic conditions, but when does it end? Probably a moving target, like the FED "seeing enough data to warrant cutting rates".

Comment #4
Quote
Apr 17, 2024 5:32pm Apr 17, 2024 5:32pm

MajidNouriIr
| Commercial Member | Joined Mar 2024 | 20 Comments

Quoting ffghost

Disliked

I understand there are degrees of commentary from the BOJ leading up to intervention, and that no longer can/will one country act without the consent of other FX powerhouses, but I would be interested to know what constitutes "excessive FX moves". A slow slide doesn't seem to be of concern amid the current economic conditions, but when does it end? Probably a moving target, like the FED "seeing enough data to warrant cutting rates".

Ignored

yeah just like The Fed. Banks still waiting for data. It Will happen this year

Instagram: @Forexhandler

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Posted: Apr 17, 2024 3:19pm
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Category: Low Impact Breaking News

Comments: 4 / Views: 2,962

BoJ's Suzuki: We will respond appropriately to excessive FX moves

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