Japan finance minister Suzuki says FX stability is important

As expected, some comments out of Japan with USD/JPY popping even higher:


  • FX stability important
  • Closely watching FX
  • No comment on FX
  • FX levels should be
    set by the market
  • FX should move
    stably reflecting the fundamentals

This is low-level verbal intervention. As I also said earlier, this is the real stuff to watch for:

This article was written by Eamonn Sheridan at www.forexlive.com. Source