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Japan’s Matsuno: Intently watching FX strikes with a excessive sense of ugency


Japanese Chief Cupboard Secretary Hirokazu Matsuno crossed wires, by way of Reuters, within the final hour, reiterating his tackle the fast yen decline.

Key feedback

Intently watching FX strikes with a excessive sense of ugency.

Will take acceptable steps on extra FX strikes.

No touch upon day by day foreign exchange strikes.

Market response

On the time of writing, USD/JPY is buying and selling at 148.83, retreating barely from 32-year highs of 149.05. The Japanese verbal intervemtion seems to have cautioned bulls above the 149.00 degree. The pair down 0.14% on the day.

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