Japan senior official says no comment on forex then makes comments on forex - ForexLive

Yes, really. Key takeaway is that these sorts of comments are made when Japanese authorities are getting concerned about a strengthening yen

Senior Ministry of Finance official

• no comment on forex levels
• forex stability is important
• continue to watch forex markets with a sense of urgency

That 'stability' word - what the official means is the ministry is concerned about a rising yen. One of the impacts is it weighs on the stock market, reduced the competitiveness of exporters and is a negative for the share prce. 

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2020-07-31 00:32:16Z
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