Japan Ministry of Finance's Asakawa
- says will closely monitor if speculative moves are behind forex movements
- says volatility was high in Sydney forex market
- currency markets traded in thin liqudity
Some 'no sh1t Sherlock' from this chap. Srsly, a lot (yeah, not all) of the (USD/JPY) move has retraced, this guy just trotting out form comments. Chill.
More on the chill:
- not considering a meeting with the BOJ now
Vice minister of finance for international affairs Masatsugu Asakawa