Finally some sort of verbal response to the much weaker yen today.
Japan finance minister Suzuki:
- won't rule out any steps in response to disorderly FX moves
- closely watching FX moves with a high sense of urgency
That 'steps' comment is an escalation on what he usually says. He's given USD/JPY a bit of a shake:
![usdyen suzuki 27 March 2024 2](https://images.forexlive.com/images/usdyen%20suzuki%2027%20March%202024_id_a8d885d8-8f36-45e0-988a-01949306dcc4_size900.jpg)
More added:
- won't rule out any steps including "decisive steps" to respond to disorderly FX moves
Yep, Suzuki ramping up the rhetoric a notch or two