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Japanese Finance Minister Shunichi Suzuki crossed the wires again on Tuesday, reiterating that he is “closely watching FX moves with a great sense of urgency.”
Earlier in the day, Suzuki said that he “won't rule out any steps to respond to disorderly FX moves.”
At the time of writing, USD/JPY is trading modestly flat at 148.94, consolidating the latest uptick to 11-month highs of 149.19