Market AnalysisIMPORTANTSeptember 28 at 04:02 AM

[MARKET UPDATE] Further JPY strength seen in the minutes after Mimura's commentary 156.70 the current base.

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The Japanese yen strengthened following commentary from Mimura, establishing a base at 156.70 according to market updates.

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Japanese FX Official Mimura says they are closely watching to see if markets take the clear message they are giving at face value. Not satisfied with or reassured by recent JPY action.