Japan's Aso: No intention to devalue yen sharply, continuously

Japan’s finance minister once again on the wires via Bloomberg and Reuters, reiterating G7 leaders’ stance that fx market intervention is unlikely.

Key Quotes:

Dollar/yen moving 5 yen over 2 days considered one-way, lopsided

Natural that each country has different view on FX market

No doubt about G7 unity towards currencies

Japan has no intention to devalue yen sharply, continuously

Japan’s Suga: Economy on gradual recovery trend, consumption weak

Japanese chief cabinet secretary Suga and finance minister Aso were on the wires today, saying nothing new.
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