Japan’s Asakawa: Will not target FX levels for competitiveness

Japan’s Currency Chief Masatsugu Asakawa is out on the wires now, via Reuters, delivering some comments on the fx markets.

Key Headlines:

Watching for nervousness or speculative moves in the market.

FX market volatility has heightened.

Will check what is behind recent FX market moves.

We reaffirmed G20 agreement on currencies in the meeting.

Digital currencies were not on the agenda at today's meeting.

Discussed the impact of comments by Japan and US officials.

Confirmed that will not target FX levels for competitiveness.

Confirmed excessive, disorderly moves have bad effects.

Expects digital currencies to be on G20 agenda.