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Japanese Chief Cabinet Secretary Katsunobu Kato said Monday, they are closely watching the market moves while declining to comment on stock prices.

He said that they sternly protested against China over its patrol ships’ entry into waters near disputed East China Sea islands.

Market reaction

USD/JPY trades better bid around 105.50, drawing support from a better market mood.

  • USD/JPY attempts a bounce around 105.50 amid US stimulus optimism