Intervention watch in yen trading is high at the moment. Comments from Kishida are crossing:
- Important for currencies to move in stable manner, reflecting fundamentals
- Won’t rule out any steps
- Closely watching FX moves with a high sense of urgency
- Will take out appropriate action without ruling out any options to deal with FX moves
USD/JPY is flat today at 151.30.
This article was written by Adam Button at www.forexlive.com.
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