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Japan PM Abe: Excessive volatility in FX is undesirable

Japan PM Abe with the same old same old

  • Excessive volatility in FX is undesirable
  • Will take appropriate action on forex as needed
  • Hope G20 finance leaders take appropriate measures on global economy when they meet in Shanghai
  • Current FX market is reflecting declines in US dollar

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I think there is something in what Abe has said here.

After the G20 I advise FX traders to be ready at any time for a flogging with up to 20 warm lettuces instead of just one.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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