Japan Finance Minister Kato says he is alarmed over FX moves, driven by speculators

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Some verbal intervention to support the yen from Kato here Won’t comment on forex levelsImportant for currencies to move in stable manner reflecting fundamentalsAlarmed over FX moves, including those driven by speculatorsThis is standard sort of stuff from Kato, remarks follow the sharp decline in the yen. Kato trying to provide some support. USD/JPY is not moving too much, around 150.74.More:Will need to closely monitor impact on U.S. tariffs on exportsIt’s common consensus that U.S. trade deficit is not sustainableWill steadily carry out what we have agreed in trade deal with U.S. This article was written by Eamonn Sheridan at investinglive.com.