Japan's Hayashi says closely watching FX moves with a high sense of urgency

  • More verbal jawboning by Japanese officials
  • Will not comment on FX levels
  • Important for currencies to move in stable manner reflecting fundamentals

These are all copy-and-paste remarks whenever Tokyo needs to speak out to try and keep markets in check. USD/JPY is down slightly on the day by 0.3% to 150.40 but also owes to a slight dip in bond yields on the day.

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