
Japan FinMin Kato seeing some one-sided, rapid FX moves, "alarmed"
Wants currencies to move in stable manner reflecting fundamentals
No comment on levels but ready to take appropriate action on excessive moves
Japanese verbal intervention will likely continue as USD/JPY pushes higher
FX market reacting accordingly, USD/JPY off some from 158.42 high earlier
USD/JPY likely to remain bid into Friday's US December NFP/jobs report
Expectations for unemployment unchanged at 4.2%, payrolls +154k vs Nov +227k
See nP8N3K10QU, for more click on FXBUZ
(Haruya Ida is a Reuters market analyst. The views expressed are his own)