Japan chief cabinet secretary Matsuno with some verbal intervention to proper up the yen:
-
Important for currencies to move in stable manner reflecting
fundamentals - Rapid fx moves
undesirable - Won’t comment on
forex levels - Won’t rule out any
steps to respond to disorderly fx moves
Earlier from Finance Minister
Suzuki
And also from ‘Mr. Yen’ Kanda:
- Japan’s Mr Yen Kanda says concerned about one-sided sharp FX moves
- and more: standing by but no comment on when and what when asked about possible steps to be taken including intervention
This article was written by Eamonn Sheridan at www.forexlive.com.
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