Forex
globalreutersMarch 29, 20241 Mins read
USD/JPY update – lower (in a small range) after Suzuki’s verbal intervention
globalreutersMarch 29, 20241 Mins read Keywords used by Suzuki included:
-
rapid
FX moves - speculative moves
-
won’t rule out any steps to
respond to disorderly FX
These are of a more stringent nature than the ‘watching closely’ sort of mumbling we usually get. These indicate we are moving closer to ‘rate checks’ and then actual intervention.
USD/yen update (looks dramatic but check the scale):
This article was written by Eamonn Sheridan at www.forexlive.com.
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