Japan finmin Kato: Important for currencies to move in stable manner reflecting fundamentals
- Will take appropriate action against excessive moves
Kato’s comments come as the yen is seeing another bout of weakness on the day:
The above is an hourly candle chart showing USD/JPY just under 150.00. That’s well loweeer than it shighs early thins year around 158.
This article was written by Eamonn Sheridan at www.forexlive.com.
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