24 May 2016
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