Japan finance minister Suzuki says closely watching FX moves

<p>Japan finance minister Suzuki says is closely watching FX moves.</p><p>While the yen was rapidly weakening Suzuki was one of a number of Japanese officials jawboning some support for the currency. To their credit the officials held USD/JPY from rising much above 150 without splashing cash on actual intervention (selling USD from reserves to buy yen).</p><p>USD/JPY collapsed overnight, Suzuki says he won't comment on FX situation and how to respond. </p><ul><li><a href="https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-ueda-talks-about-exit-yen-rallies-20231207/" target="_blank" data-article-link="true">ForexLive Asia-Pacific FX news wrap: Ueda talks about exit, yen rallies</a></li><li><a href="https://www.forexlive.com/news/forexlive-european-fx-news-wrap-yen-rallies-further-on-ueda-20231207/" target="_blank" data-article-link="true">ForexLive European FX news wrap: Yen rallies further on Ueda</a></li><li><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-usdjpy-gaps-lower-after-break-of-14400-20231207/" target="_blank" data-article-link="true">Forexlive Americas FX news wrap: USD/JPY gaps lower after break of 144.00</a></li></ul><p>Bank of Japan Governor Ueda and Japan finance minister Suzuki</p>

This article was written by Eamonn Sheridan at www.forexlive.com.