Japan chief cabinet secretary Hayashi says stable FX levels are desirable ...Middle East

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Japan chief cabinet secretary Hayashi says stable FX levels are desirable
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Earlier in the session we had Kanda:Japan's Kanda says ready to take action if excessive FX move seenHayashi now: Addition of Japan to the US currency monitoring list does not mean that Japan's foreign exchange policy is a problemStable forex levels are desirableImportant that forex rates reflect fundamentalsWill continue to closely monitor moves in forex marketDespite all this USD/JPY is higher, above 159.10 as I update.Also from Japan were the data for inflation, which is sitting around levels that the Bank of Japan could accept as an argument to hike rates again. They have told us time and again that they'd like to see demand driven inflation, but with wages rising they'll argue this is l

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