<p>Japan finance minister Suzuki </p><ul><li> excess fx volatility, disorderly moves can hurt economy, financial stability</li><li>told G20 Japan is deeply worried about recent sharp forex volatility</li><li>explained that the recent yen intervention was prompted by excess moves by speculators </li><li>cannot tolerate excess moves by speculators</li><li>we'll respond appropriately to excess FX volatility</li><li>other countries made no comment on Japan's intervention</li><li>he reaffirmed previous G7 and G20 commitments on currencies</li><li>monetary policy tightening is having an impact on the global economy</li><li>we are not focused on levels to prompt intervention, are focused on volatility</li><li>will take action if FX moves are speculative</li></ul><p>These comments, using words such as 'excess', 'speculators', 'disorderly', 'sharp' are an escalation of verbal intervention. </p><p>For more, check these out:</p><ul><li><a href="https://www.forexlive.com/centralbank/heres-what-to-watch-for-to-warn-of-imminent-bank-of-japan-boj-yen-intervention-20220907/" target="_blank" data-article-link="true" class="article-link article-link article-link article-link article-link article-link article-link article-link">Here's what to watch for to warn of imminent Bank of Japan (BOJ) yen intervention</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/the-4-things-to-watch-prior-to-bank-of-japan-fx-yen-intervention-20220911/" target="_blank" data-article-link="true" class="article-link article-link article-link article-link article-link article-link article-link article-link">The 4 things to watch prior to Bank of Japan FX yen intervention</a></li></ul>
This article was written by Eamonn Sheridan at forexlive.com.
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