Japan chief cabinet secretary Matsuno with some verbal intervention to proper up the yen:
- Important for currencies to move in stable manner reflecting fundamentals
- Rapid fx moves undesirable
- Won't comment on forex levels
- Won't rule out any steps to respond to disorderly fx moves
Of course the huge monetary policy divergence between the Federal Reserve and the Bank of Japan is a powerful fundamental.
--
Earlier from Finance Minister Suzuki
And also from 'Mr. Yen' Kanda:
- Japan's Mr Yen Kanda says concerned about one-sided sharp FX moves
- and more: standing by but no comment on when and what when asked about possible steps to be taken including intervention