Some verbal JPY intervention comments from Japan's Finance Minister

  • Currency rates should be set by the market
  • Rapid FX moves undesirable
  • Closely watching FX moves with a great sense of urgency
  • Won't rule out any steps to respond to disorderly FX moves
  • Share the view with international authorities that excessive FX volatility is undesierable
yellen suzuki yen 12 July 2022

Suzuki with the #1 'international authority' he is liaising with.