Japanese Finance Minister Shunichi Suzuki recently made some statements regarding foreign exchange moves. He stated that the Japanese government is prepared to respond appropriately to excessive FX moves, indicating a high level of vigilance in monitoring such movements. Suzuki emphasized that he will not comment on the current FX moves directly but assured that the
Forex News
Visa Inc. (V) is currently experiencing a corrective counter-trend phase, characterized by a ZigZag structure identified as Intermediate wave (4). The direction indicates a potential bottoming out in wave (4). The analysis suggests that there may be an Intermediate wave (3) completion, given the correction’s magnitude aligning with a wave (2) of the same degree.