Japan’s Suzuki: Ready to take action against speculative yen moves

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Japan’s Suzuki: Ready to take action against speculative yen moves

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    Japanese Finance Minister Shunichi Suzuki said on Thursday, the government will take decisive action in the FX market if speculative moves were seen in the yen.

    Separately, a Japanese finance ministry official said that it is “desirable for currencies to move stably reflecting economic fundamentals.

    USD/JPY is little changed, trading at around 146.85, at the time of writing.

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