Japan fin min Suzuki: Rapid currency moves are undesirable as they would hurt households ...Middle East

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Japan fin min Suzuki: Rapid currency moves are undesirable as they would hurt households
source : forex live ( Middle East ) () 31
If currency moves are excessive, we may need to smooth themDesirable for FX to move stably, high FX volatility undesirableCurrency rate is stet by markets, reflect fundamentalsIf you take this at face value, the implication is that Japan doesn't mind USD/JPY rising along with fundamentals, they just don't want it to happen too quickly. This article was written by Adam Button at www.forexlive.com.

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