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- Japan’s Matsuno: Will take appropriate action on forex if required
Japan’s Matsuno: Will take appropriate action on forex if required
Japanese Chief Cabinet Secretary Hirokazu Matsuno reiterated on Wednesday that the authorities will take appropriate action on forex if required.
Matsuno, however, said that he has no comments on FX intervention.
Market reaction
USD/JPY is off the 24-year highs of 135.60, as it remains under pressure around 135.20 heading into the all-important Fed rate hike decision.
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