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Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Friday, he is “closely watching FX moves with a high sense of urgency.”

Additional comments  

Recent Yen moves are somewhat rapid and one-sided.

Excess volatility in FX market is undesirable.

China House Price Index declined to -5.7% in September from previous -5.3%

China House Price Index declined to -5.7% in September from previous -5.3%
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Australian Dollar appreciates due to fading likelihood of RBA rate cuts, awaits China GDP

The Australian Dollar (AUD) continued to strengthen against the US Dollar (USD) for the second consecutive day on Friday.
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