Published: 2024-03-26T05:09:25.000Z
USD/JPY flows: Another day, another jawbone intervention
FX Analyst
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Japan fin min Suzuki says won't rule out steps to address disorderly FX moves
The FX market is quiet on Tuesday. Japan's Suzuki has escalated the level of jawbone intervention by saying won't rule out steps to address disorderly FX moves. It is an interesting move as USD/JPY is mostly unchanged so far this week. It demonstrated the Japanese government's concern over the weakness in JPY and may act without a spike in the pair.
USD/JPY is trading 0.03% lower at 151.37.