Japanese Chief Cabinet Secretary Hirokazu Matsuno is reiterating that the government is closely watching the FX market moves, as USD/JPY closes in on 147.00.
No comment on daily FX moves.
Closely watching FX moves with a high sense of urgency.
If there are any excessive forex moves, we will take appropriate action.
USD/JPY is consolidating near 24-year highs at 146.93, almost unchanged on the day, as investors await the US inflation data.