Japan’s Top FX Diplomat Kanda: Closely watching forex moves, will respond appropriately if necessary

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Following the emergency meeting between the Bank of Japan (BoJ), Ministry of Finance (MoF) and Financial Services Agency (FSA), Japan’s top currency diplomat Masato Kanda said on Tuesday that “officials are watching forex moves closely.”

At the time of writing, USD/JPY is bouncing back toward 140.50, reversing a dip to 104.13, still down 0.19% on the day.

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