The remarks from Japan were nearly an hour ago, beginning with Deputy Chief Cabinet Secretary Kazuhiko Aoki:
Japan official says watching for speculative FX moves
Followed by more forthright comments from Kato:
Japan finance minister Kato says Rapid moves seen in recent FX market
USD/JPY did dip towards 152.60 and just beneath but its only just now shown much more of a response. Even this fall is small:
Oil has risen so that could be impacting also.
Still, a small yen move only. So far at least.
This article was written by Eamonn Sheridan at www.forexlive.com.
