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Japan’s Ozawa: FX intervention just by Japan may not have much effect, but should be prepared to act

By   || September 2, 2010 at 05:40 GMT
|| 4 comments || Add comment
  • Must stop rapid rises in yen
  • There are also other steps than yen-selling intervention to stem yen rise
  • Yen rises over long term not bad
  • Fine to debate tax reform, including sales tax
  • To keep promise not to raise sales tax before next general election
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4 Responses to “Japan’s Ozawa: FX intervention just by Japan may not have much effect, but should be prepared to act”

  1. Johan on September 2nd, 2010 05:42 GMT

    Oh… So the U.S. is falling behind (…) !?!?

  2. Johan on September 2nd, 2010 05:44 GMT

    This was meant for the previous article

  3. Gerry Davies on September 2nd, 2010 06:12 GMT

    what do you mean Johann?

  4. ForexLive European Wrap: Not much going on. GBP has poor morning, CHF good one | ForexLive on September 2nd, 2010 11:59 GMT

    [...] Japan’s Ozawa:  FX intervention just by Japan may not have much effect, but should be prepared to act [...]

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