Japan chief cabinet secretary Matsuno verbal yen intervention crossing the newswires
<p>Matsuno's remarks come after a big surge for USD/JPY following a hawkish hold from the FOMC on Wednesday.</p><ul><li>
Important for FX to move stably reflecting the fundamentals</li><li>
Will respond appropriately to FX moves if necessary</li><li>
Won't rule out any options for response to FX moves</li></ul><ul><li>
Expect BOJ to closely communicate with govt, continue to take
appropriate monetary policy</li><li>
Share mutual understanding with international authorities that
excessive FX move undesirable</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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