Japan’s Suzuki: Won't rule out any options against excessive FX moves

 Japanese Finance Minister Shunichi Suzuki is out with some verbal intervention this Friday, reiterating that they “won't rule out any options against excessive FX moves.”

Additional comments

“Rapid FX moves are undesirable.”

“Its important that FX move stably reflecting fundamentals.”

PBOC sets USD/CNY reference rate at 7.2150 vs. 7.3297 previous

On Friday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.2150, compared with Thursday’s fix of 7.3297 and market expectations
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AUD/USD remains confined in a range above mid-0.6300s, seems vulnerable near YTD low

The AUD/USD pair continues with its struggle to register any meaningful recovery and languishes near its lowest level since November 2022 for the thir
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