A spokesman for the Japanese government with verbal intervention to prop up the yen:
Won’t comment on FX levelsimportant for currencies to move in a stable manner reflecting fundamentalsclosely watching FX moves with a high sense of urgency, including speculative moves.
‘Speculative’ is code for they are not happy.
These comments follow similar earlier today:
Yen intervention comments out of Japan
USD/JPY update, back near 150.00:
This article was written by Eamonn Sheridan at www.forexlive.com.
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