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Japan's Suzuki says rapid FX moves are undesirable

2024-12-30FOREXLIVEFOREXLIVE
More currency comments from Japanese officials

I'm not sure how many times we've heard these comments before, but here we go:

  • Japan FinMin Suzuki: Won't comment on forex levels.
  • Japan FinMin Suzuki: Important for currencies to move in stable manner reflecting fundamentals.
  • Japan FinMin Suzuki: Rapid FX moves undesirable.
  • Japan FinMin Suzuki: Deeply concerned about excessive, one-sided moves on forex.
  • Japan FinMin Suzuki: Closely watching FX moves with a high sense of urgency.
  • Japan FinMin Suzuki: No comment on whether current levels are excessive or not.
  • Japan FinMin Suzuki: Believe trust in Japanese currency maintained.

That last one gave me quite a chuckle.

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