Wednesday, February 22, 2012

Japanese fin min Sr. official said that recent weakness is not unusual and its due to timely action taken by BoJ and EU's approval of Greece second bailout

Japanese fin min Sr. official said that recent weakness is not unusual and its due to timely action taken by BoJ and EU's approval of Greece second bailout
 However he said that speculators which leads to yes's strength in recent times are still strong
 He also said "one sided bets" have halted in recent times but authorities will continue to monitor currency movements "very closely" and respond appropriately

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