Japanese Finance Minister Katayama: Recently seeing one-side, rapid moves

• Concerned about FX moves
• Important for currencies to move in stable manner reflecting fundamentals
• Will take appropriate action on FX if necessary

The market got used to these kind of comments by now. I guess the lack of meaningful JPY strength despite an upcoming BoJ rate hike is making them even more concerned.

This article was written by Giuseppe Dellamotta at investinglive.com.