Japan's top financial diplomat Masato Kanda said on Tuesday that authorities were in close contact with U.S. Treasury Secretary Janet Yellen and other overseas authorities almost everyday on currencies and broader financial markets. Kanda was speaking to reporters as market players brace for possible Japanese intervention in the foreign exchange market to stem yen weakness. "We are exchanging views with and communicating with authorities in other countries including our ally the United States not only on currencies, financial markets but various other issues," Kanda told reporters. The yen fell to near ... (full story)