USD/JPY has (eventually) fallen following some verbal intervention from Japanese officials ...Middle East

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The remarks from Japan were nearly an hour ago, beginning with Deputy Chief Cabinet Secretary Kazuhiko Aoki:Japan official says watching for speculative FX movesFollowed by more forthright comments from Kato:Japan finance minister Kato says Rapid moves seen in recent FX marketUSD/JPY did dip towards 152.60 and just beneath but its only just now shown much more of a response. Even this fall is small:Oil has risen so that could be impacting also. Still, a small yen move only. So far at least. This article was written by Eamonn Sheridan at www.forexlive.com.

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