{"id":99790,"date":"2024-04-11T06:23:22","date_gmt":"2024-04-11T02:23:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=99790"},"modified":"2024-04-11T06:25:44","modified_gmt":"2024-04-11T02:25:44","slug":"japans-suzuki-supports-any-steps-to-respond-to-excessive-currency-moves","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/japans-suzuki-supports-any-steps-to-respond-to-excessive-currency-moves\/04\/11\/market-updates\/","title":{"rendered":"Japan&#8217;s Suzuki supports any steps to respond to excessive currency moves"},"content":{"rendered":"\n<p>On Thursday, Japanese Finance Minister Shunichi Suzuki made a verbal intervention. Suzuki stated that he will not rule out taking any measures in response to unwarranted movements in foreign exchange. He went on to say that he and Vice Finance Minister Kanda are always talking about foreign exchange. <br><br>As of this writing, the USD\/JPY pair is trading at 152.85, down 0.22% for the day. <br><br><strong>Key Quotes<br><\/strong><br>\u201cNo comment on daily forex moves.\u201d<br><br>\u201cImportant for currencies to move in a stable manner, reflecting fundamentals.\u201d<br><br>\u201cExcessive FX moves are undesirable.\u201d<br><br>\u201cLooking at the background of Yen weakening to 152, 153 to Dollar and not necessarily at the levels themselves.\u201d<br><br>\u201cIn constant communication with Vice Finance Minister Kanda on forex.\u201d<br><br>\u201cWon&#8217;t rule out any steps to respond to excessive currency moves.\u201d<br><br>\u201cForex levels are basically determined by markets.\u201d<br><br>\u201cWeak yen has merits, demerits.\u201d<br><br>\u201cAlways interested, concerned about the impact of weak yen on prices.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, Japanese Finance Minister Shunichi Suzuki made a verbal intervention. Suzuki stated that he will not rule out taking any measures in response to unwarranted movements in foreign exchange. He went on to say that he and Vice Finance Minister Kanda are always talking about foreign exchange. As of this writing, the USD\/JPY pair &hellip;<\/p>\n","protected":false},"author":13,"featured_media":81239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6939,7201,10701],"class_list":["post-99790","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-japan","tag-usd-jpy","tag-yen-options"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/99790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=99790"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/99790\/revisions"}],"predecessor-version":[{"id":99803,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/99790\/revisions\/99803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/81239"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=99790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=99790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=99790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}