RSS Japan yen intervention official says will take appropriate action against excess FX moves

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 RSS Japan yen intervention official says will take appropriate action against excess FX moves

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Mimura verbal intervention. Atsushi Mimura is Japan's vice finance minister for international affairs, AKA 'top currency diplomat'.

  • Am gravely concerned about forex moves.
  • Will take appropriate action against excessive forex moves.
  • Alarmed, including over speculative moves.
  • Believe it is not appropriate for me to comment further on forex.
  • Won't comment on BOJ's communication given its independence.

Earlier today we had USD/JPY knocked from its 5-month high by intervention remarks from finance minister Kato:

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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