Japan top currency diplomat Kanda: We are always ready to take action in forex market | Forexlive

• Excessive and disorderly forex moves have negative impact on the economy
• Will not comment on forex levels
• Will not comment on whether we are intervening now or have intervened today

As much as there was a bit of a wrestle around the 150.00 mark earlier, I would say that Japanese authorities haven’t stepped into the picture – at least not in a significant way – today. But so far, traders are still remaining cautious in chasing an extended move above the figure level with a lack of a trigger to work with.