Deputy finance minister Kanda says he is closely monitoring currency market movements

Kanda's comments were stronger than what we heard last week, as he refers to speculation of taking steps, and Kanda is considered the official who will ask the Bank of Japan to intervene when it deems it necessary.

- We have been closely monitoring forex movements with a high sense of urgency.

- Appropriate steps will be taken to respond to the excessive weakening of the yen without excluding any measures.

- The current yen weakness is due to speculation, and does not reflect the fundamentals.

- The weakening of the yen due to speculative movements has a negative impact on the economy.

- The weakening of the yen due to speculative movements is not a good thing under any circumstances.

- He doesn't have a certain level in my mind to move, that's when he was asked about the defensive line.

- A thorough decision will be made looking more at whether there are excessive moves rather than levels.

- Sudden forex moves are not desirable.

- Welcomes the decision of the Bank of Japan to end unconventional easy steps.

- It is obvious that the differences in long-term interest rates between Japan and the United States have widened.