Sudden fx fluctuations not desirable

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Sudden fx fluctuations not desirable

Responding to the recent sharp depreciation of the yen, Japan’s senior Finance Ministry official said on Thursday, “sudden fx flu

Responding to the recent sharp depreciation of the yen, Japan’s senior Finance Ministry official said on Thursday, “sudden fx fluctuations not desirable.”

Additional quotes

No comment on every day-to-day forex moves.

Volatility is rising in recent forex market.

Watching fx moves with a high sense of urgency.

Market reaction

USD/JPY is trading at 139.52, up 0.43% on the day, reverting to the 24-high of 139.68 reached in the last hours.

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