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Japan's Suga says government watching markets closely and ready to respond appropriately

From news.forexlive.com

Chief Japanese cabinet secretary Suga out on the wires 30 Aug •will stand ready to take decisive steps against excessive fx moves •govt and BOJ will work as one to defeat deflation •Japanese banks will benefit if BOJ steps (neg rates) help improve economy •up to the BOJ to decide on specific easing steps •confident that Abenomics will exert positive effects with govt/BOJ coordinating policies •important not to hurt BOJ's independence •govt remains committed to FY 2020 budget balancing goal albeit delay in sales tax hike Blah, blah , blah Meanwhile USDJPY 102.12 after finding offers/res above 102.20 from it's sharp ... (full story)

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