Some very gentle verbal intervention from fin min Suzuki:
-
Daily stock market moves set by markets with various factors behind
it - Won’t comment on day
to day forex levels - Important for
currencies to move in stable manner reflecting fundamentals - Closely watching FX
moves - Specific monetary
policy is up to BOJ to decide - Monetary policy up
to BOJ to decide, govt won’t comment - Expects BOJ to keep
close contact with govt to guide monetary policy appropriately
Still to come:
USD/JPY is barely changed on Suzuki’s comments, around 149.26.
Udea and Suzuki
This article was written by Eamonn Sheridan at www.forexlive.com. Source