Global EconomyIMPORTANTSeptember 1 at 08:50 AM

ECB's Nagel says he welcomes coordinated intervention on the JPY; adds that he expects consultations on future intervention measures

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ECB's Nagel welcomed coordinated yen intervention and expects future consultations, amid yen volatility near 160 per dollar and international calls for Bank of Japan rate hikes.

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Says he expects consultations on future intervention measures.

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