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Japan PM Kan: Will take firm measures on currencies when necessary

By   || August 27, 2010 at 08:26 GMT
|| 4 comments || Add comment
  • Will meet with BOJ Governor when he returns from overseas trip
  • Excessive currency moves can have negative impact on financial stability
  • Expects BOJ to take appropriate monetary policy action
  • Watching currency markets with great interest
  • Will decide on measures on econominc stimulus, strong yen, on Aug 31
  • Will bring forward growth strategy policies due to downside risks from yen, overseas economies
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4 Responses to “Japan PM Kan: Will take firm measures on currencies when necessary”

  1. Manoj on August 27th, 2010 08:33 GMT

    Hi Gerry

    Does this mean anything to YEN? Did he say anything new today?
    “Firm Measures”?? It sounds like he is ready to intervene anytime?

    Thanks

  2. czechdaytrader on August 27th, 2010 08:34 GMT

    Nothing new to me Manoj…same o’l same o’l

  3. vik on August 27th, 2010 09:09 GMT

    seriously he’s fast becoming a joke.

  4. ForexLive European Wrap: Should have gone fishin | ForexLive on August 27th, 2010 11:42 GMT

    [...] Japan PM Kan: Will decide on measures on economic stimulus, strong yen on August 31 [...]

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