Closely watching FX moves with a sense of urgency

Japanese Finance Minister Shunichi Suzuki is repeating the government’s verbal warnings as the yen breaks 146.00 on the charts vs. the US dollar for fresh 24-year lows.

Key comments

No change to our stance, closely watching FX moves with a sense of urgency.
No change to our stance to take necessary steps on FX if needed.
What is important is the speed of FX move.

USD/JPY update

The price is homing in on the 147s at this rate.

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