Japan Keeps Traders on Alert With Warnings on Yen (JPY USD) Before BOJ Meeting

Japanese officials rolled out further warnings on the yen after the currency slumped through the 155 mark against the dollar, leaving market players on edge ahead of a central bank meeting and US economic data that may trigger further moves.

“We are paying close attention to the market right now,” Finance Minister Shunichi Suzuki said Thursday in a parliamentary session when asked about the latest currency moves. “My intentions haven’t changed at all in that we will take appropriate measures based on what we are looking at.”