Japan’s Suzuki: Told Yellen we are concerned about rapid yen weakening recently

Following the much-awaited meeting with US Treasury Secretary Janet Yellen on Tuesday, Japanese Finance Minister Shunichi Suzuki said that he told his US counterpart that “we are concerned about rapid yen weakening recently.”

Further comments

Told Yellen we are watching currency market with a sense of urgency.

Told Yellen excess volatility, disorderly moves can hurt economic stability.

NZD/USD could drop to the 0.6050 region – UOB

Extra decline in NZD/USD could revisit the 0.6050 area in the next weeks, according to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key
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Gold Price Forecast: XAUUSD could see a minor correction given oversold conditions

Gold Price risks a minor pullback amid oversold conditions. As FXStreet’s Dhwani Mehta notes, the yellow metal awaits Tuesday’s closing for bear flag
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