Japan’s Matsuno: Closely watching FX moves with a high sense of ugency
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Japanese Chief Cabinet Secretary Hirokazu Matsuno crossed wires, via Reuters, in the last hour, reiterating his take on the rapid yen decline.
At the time of writing, USD/JPY is trading at 148.83, retreating slightly from 32-year highs of 149.05. The Japanese verbal intervemtion appears to have cautioned bulls above the 149.00 level. The pair down 0.14% on the day.
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