Japan finance minister Kato: will take appropriate steps on excess FX moves ...Middle East

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Japan finance minister Kato: will take appropriate steps on excess FX moves
Japan finance minister Kato: will take appropriate steps on excess FX movesWon't comment on forex levels.Important for currencies to move in stable manner reflecting fundamentals.Will take appropriate steps on excess moves.Have seen one-sided and drastic moves on the currency market.Will closely monitor currency moves, including those driven by speculators with utmost sense of urgency.USD/JPY not doing too much with Kato's remarks: This article was written by Eamonn Sheridan at www.forexlive.com.

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