Japan’s Matsuno: Closely watching FX moves with a high sense of urgency

Japanese Chief Cabinet Hirokazu Matsuno repeated on Monday, they are “closely watching FX moves with a high sense of urgency.”

Additional quotes

“Important for FX to move stably reflecting econ fundamentals.”

“Sudden and one-sided moves seen in FX market.”

Market reaction

At the time of writing, USD/JPY is holding lower ground near 143.20, down 0.20% on the day.