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Japan official says watching for speculative FX moves

Japan’s Deputy Chief Cabinet Secretary Kazuhiko Aoki has not shifted USD/JPY much at all with his comments:

  • No comment on FX levels
  • Desirable for
    currencies to move stably reflecting economic fundamentals
  • Closely watching FX
    moves with a sense of urgency
  • Govt watching forex
    moves closely including for speculative moves

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

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