Japan’s Kanda says G7 reconfirmed commitment on forex stance put forward by Japan

Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda. He is the official who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan’s ‘top currency diplomat’.

  • G7 statement reconfirmed commitment on forex on back of stance put
    forward by Japan
  • Won’t comment on FX levels

USD/JPY lost a few bids on his remark:

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