Japan chief cabinet secretary Hayashi – Prepared to take all measures on fx

Japan chief cabinet secretary Hayashi:

• Won’t comment on forex levels, currency intervention
• Important for
  currencies to move in stable manner reflecting fundamentals
• Excessive fx
  volatility undesirable
• Closely watching fx
  moves
• Prepared to take all
  measures on fx

Words like:

• Excessive fx volatility undesirable
• Prepared to take all measures on fx

represent more aggressive remarks than the others above

This article was written by Eamonn Sheridan at www.forexlive.com.