Japan’s top currency diplomat Takeuchi: Will watch market moves with greater sense of urgency

According to Japan’s top currency diplomat Takeuchi, the government will watch market moves with a greater sense of urgency.

Additional headlines

Worry about the US economy over coronavirus impact a major factor behind nervous mkt moves.

Excess volatility in fx market is undesirable.

Will respond to excess volatility as appropriate in accordance with G7 statement.

No comment on fx levels.

Various factors move market.

No comment when asked if Japan intervened in currency market.