More from Suga: G7 has agreed to act against excessive FX moves

Japan's govt spokesman Suga still speaking 30 Aug

That headline was from Reuters while Bloomberg translates it as :

  • Japanese govt to respond to excessive moves in conjunction with G7

Either way you read it it's still all "if and when". And who decides when it's "excessive" ?

  • watching FX situation , ready to respond as appropriate
  • to pay utmost attention to Forex

USDJPY still 102.12 rightly shrugging off the comments as more hot air.

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