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- Suzuki-Yellen Meeting: US side sounded as if it will consider idea of joint FX intervention positively
Suzuki-Yellen Meeting: US side sounded as if it will consider idea of joint FX intervention positively
“Japan’s Finance Minister Shunichi Suzuki and US Treasury Secretary Janet Yellen likely discussed coordinated currency intervention during bilateral talks,” TBS reports, citing a Japanese government source.
“The US side sounded as if it will consider the idea of joint FX intervention positively,” the source added.
Market reaction
USD/JPY is trading around 128.50, unfazed by the above headlines. The spot is up 0.09% on the day.
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