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Japan’s Suzuki: Watching FX moves closely

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Japanese Finance Minister Shunichi Suzuki said on Monday that he is “watching FX moves closely.”

He added that he “wants to be fully prepared re the movement in FX.”

Market reaction

USD/JPY has paused its upsurge on the above comments, holding near 34-year highs of 153.75. The pair is up 0.28% on the day, as of writing.

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