Japan Finance Minister Suzuki says excessive FX volatility is undesirable

Japan Finance Minister Suzuki

  • Excessive FX volatility is undesirable
  • Important for currencies to move stably reflecting fundamentals
  • No comment on FX levels
  • No comment on FX intervention
  • Will take thorough steps on FX with a strong sense of urgency

Referring to ‘excessive’ volatility is a step up in rhetoric.

Fin Min Suzuki

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