Japan's Asakawa says will closely monitor FX

Author: Eamonn Sheridan | Category: News

Japan Ministry of Finance's Asakawa 

  • says will closely monitor if speculative moves are behind forex movements
  • says volatility was high in Sydney forex market
  • currency markets traded in thin liqudity

Some 'no sh1t Sherlock' from this chap. Srsly, a lot (yeah, not all) of the (USD/JPY) move has retraced, this guy just trotting out form comments. Chill. 

More on the chill:

  • not considering a meeting with the BOJ now


Vice minister of finance for international affairs Masatsugu Asakawa



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