Reuters: US Dollar Report: Japan MOF's Nakao: latest FX moves speculative, unacceptable

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Japan MOF's Nakao: latest FX moves speculative, unacceptable Sep 13th 2012, 09:03 TOKYO, Sept 13 | Thu Sep 13, 2012 5:03am EDT TOKYO, Sept 13 (Reuters) - The latest currency moves are clearly speculative, Japanese currency tsar Takehiko Nakao was quoted as saying by Jiji news agency on Thursday, issuing a fresh warning to markets against pushing up the yen too much. Speculative moves in the currency market are unacceptable, the vice finance minister for international affairs said, signalling Tokyo's readiness to intervene in the currency market to stem sharp yen rises if necessary.

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