Japan finance minister Kato - alarmed by FX moves, driven by speculators ...Middle East

Decline to comment on the possibility of meeting the government’s target of achieving a primary budget surplus by next fiscal year.Recently seeing one-sided, sharp FX moves.Important for currencies to move in a stable manner reflecting fundamentals.Alarmed over FX moves, including those driven by speculators.Will take appropriate action against excessive moves.

Those words in bold are an escalation of verbal intervention.

USD/JPY back to its session lows and thereabouts:

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

Read More Details
Finally We wish PressBee provided you with enough information of ( Japan finance minister Kato - alarmed by FX moves, driven by speculators )

Also on site :

• Food Network star Anne Burrell dies aged 55 leaving Worst Cooks in America fans devastated after show absence
• EU state pledges funds to help aspirant counter ‘Russian threats’
• Downtown Lincolnton on lockdown after 'credible threat,' police say no active shooter