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
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.