Japan fin min official says watching FX with a sense of urgency

A Ministry of Finance official says will keep watching forex with a sense of urgency.

  • cannot comment on reasons behind FX moves
  • cannot comment on the US election impact
  • cannot comments on the level of FX itself
He can’t comment on so much!

As I have said many times before this is the sort of commentary you get out of Japanese officials when USD/JPY drops in a sharp fashion.