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Japan’s Asakawa: Will voice concern if exchange rates move in a way that cannot be explained by fundamentals

More comments are flowing from the Japanese Vice Finance Minister Asakawa, as he now speaks about the exchange rate.

Will have to voice concern if exchange rates move in a way that cannot be explained by economic fundamentals.

We have been watching markets carefully yesterday and today.

Officials from Japan’s FinMin, Financial Services Agency and BOJ to meet at 0730 GMT

Reuters reports that the officials from the officials from Japan’s Finance Ministry, Financial Services Agency (FSA), Bank of Japan to meet at 0730 GM
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GBP/USD technical analysis: 4-week old resistance-line restricts short-term bulls

Even if the successful break of the 21-day moving average (DMA) propels the GBP/USD pair, 4-week old descending trend-line limits its upside on early Friday.
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