Japan's Asakawa says FX market showing one-sided and speculative moves

Japan MOF head on the wires again 3 August

One-sided? Obviously not watching close enough. lol

  • interest rates, ccy markets are volatile
  • closely watching fx moves
  • will respond to ccy moves if needed inline with G7/G20 agreement

It's Asakawa who , in theory, presses the button on intervention not the BOJ. The comments are repeated from these earlier.

USDJPY unfazed at 101.19

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