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Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Friday, he is “closely watching FX moves with a high sense of urgency.”

Additional comments  

Recent Yen moves are somewhat rapid and one-sided.

Excess volatility in FX market is undesirable.

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Australian Dollar appreciates due to fading likelihood of RBA rate cuts, awaits China GDP

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