Japan finance minister Kato
Rapid moves seen in recent FX marketNo comment on FX levels interventionDesirable for currencies to move stably reflecting economic fundamentals
Closely watching FX moves with a sense of urgencythere was no discussion on FX at today’s G20 meeting and I don’t expect any tomorrow
The reference to ‘rapid moves’ is a sign of escalating the rhetoric
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This article was written by Eamonn Sheridan at www.forexlive.com.
