Japan’s Suzuki: Currencies move on various factors, will not comment on forex

Japanese Finance Minister Shunichi Suzuki said Wednesday, “currencies move on various factors, will not comment on forex.”

Read: Forex Today: Market mood remains upbeat ahead of all-important Fed rate decision

Market reaction

At the time of writing, USD/JPY is holding the lower ground near 118.20, almost unchanged on the day.

The focus remains on the all-important Fed decision for fresh US dollar valuations and yields’ price action.

GBP/USD sticks to modest intraday gains, above mid-1.3000s amid weaker USD

The GBP/USD pair traded with a mild positive bias through the early European session and was last seen hovering near the daily top, just a few pips ab
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Gold Price Forecast: XAU/USD at risk of suffering another leg lower to $1,900

On Tuesday, gold price fell sharply, extending a three-day downtrend. As FXStreet’s Dhwani Mehta notes, March lows remain in sight near $1,900 ahead o
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