Japan chief cabinet secretary Hayashi: rapid FX moves undesirable, ready for full response ...Middle East

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Japan chief cabinet secretary Hayashi: rapid FX moves undesirable, ready for full response
Japan chief cabinet secretary Hayashi: Won't comment on forex levels or forex interventionImportant for currencies to move in stable manner reflecting fundamentalsRapid fx moves undesirableClosely watching fx movesWill be ready to take full responseExpect BOJ to work closely with govtExpect BOJ to conduct appropriate monetary policy to sustainably, stably hit its price target, working closely with govtUSD/JPY is not far from today's (and 34 year) highs around 155.40 This article was written by Eamonn Sheridan at www.forexlive.com.

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