Japan finmin Kato: Will seek to have a meeting with Bessent, discuss FX and other matters ...Middle East

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Japan finmin Kato: Will seek to have a meeting with Bessent, discuss FX and other matters

Japan finmin Kato:

Convinced that Bessent is a reliable counterpart able to have constructive dialogue, will continue to closely coordinate with him Reaffirmed with Bessent in talks on April 24 that excessive Forex volatility has averse impact on economyWill continue talks with him based on this understandingWill seek to have a meeting with Bessent, discuss FX and other matters

USD/JPY update, a little lower now following the poor GDP data:

    Japan Q1 GDp -0.2% q/q (expected -0.1%) This article was written by Eamonn Sheridan at www.forexlive.com.

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