Japan’s Matsuno: Ready to take necessary steps if recent FX moves continue
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Japanese Chief Cabinet Secretary Hirokazu Matsuno said on Wednesday, they are “ready to take necessary steps if recent currency moves continue without ruling out any options.”
USD/JPY is pulling back sharply from 144.96 highs after the BOJ offered to buy more JGBs and amidst the Japanese verbal intervention. The pair was last seen trading at 144.46, down 0.05% on the day.
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