Japan’s Top FX Diplomat Kanda: No plan to issue statement on forex today
|Japan's top currency diplomat Masato Kanda said on Wednesday that the government has “no plan to issue statement on forex today.”
He add that there is “no need to hold three-party talks of government, the Bank of Japan (BoJ) and Financial Services Agency (FSA) on forex.”
Also read: Japanese Yen bounces off multi-decade low after Japan's verbal intervention
Market reaction
USD/JPY is holding its corrective downside intact at around 151.70, still gaining 0.10% on the day.
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