Japan’s Matsuno: Sudden FX fluctuations are not desirable, Pivot Orderbook analysis

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Japanese Chief Cabinet Secretary Hirokazu Matsuno joined the chorus to warn against the unexpected rapid moves in the exchange rate value.

Also read: Japan’s Finance Ministry Official: Sudden fx fluctuations not desirable

USD/JPY is keeping its corrective mode intact around 139.20, having hit the highest level in 24 years at 139.68 earlier in the Asian trades. The spot is up 0.16% on the day.

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