Japanese Finance Minister Katayama: Recently seeing one-side, rapid moves

  • Remarks from the Minister of Finance, Satsuki Katayama
JPY yen
  • Concerned about FX moves
  • Important for currencies to move in stable manner reflecting fundamentals
  • Will take appropriate action on FX if necessary

The market got used to these kind of comments by now. I guess the lack of meaningful JPY strength despite an upcoming BoJ rate hike is making them even more concerned.

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