Japanese Finance Minister Suzuki says again he is watching FX with a sense of urgency

<p>Japanese Finance Minister Suzuki is getting an early start with verbal intervention to support the yen today. </p><p>A Fed official didn't help him out overnight:</p><ul><li><a href="https://www.forexlive.com/centralbank/if-it-wasnt-for-the-fear-of-intervention-feds-kashkari-wouldve-sent-usdjpy-above-150-20230926/" target="_blank" rel="follow" data-article-link="true">If it wasn't for the fear of intervention, Fed's Kashkari would've sent USD/JPY above 150</a></li></ul><p>150 is more a psychological level than anything else – a big round number. The sooner the band-aid is ripped off the better. </p>

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