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.