Senior Japan official: 'excessive' FX volatility, FX should move stably with fundamentals

<p>Japan Deputy Chief Cabinet Secretary Murai:</p><ul><li>
Important for currencies to move stably reflecting fundamentals</li><li>Excessive FX
volatility undesirable</li><li>Won't comment on
forex levels</li><li>No comment on
currency intervention</li><li>Will continue to
take fully appropriate steps on FX</li></ul><p>USD/JPY sitting circa 150.39</p>

This article was written by Eamonn Sheridan at www.forexlive.com.