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		Home Page Mortgage News You Can Use Iconocast SEM Japan MOF Hayashi: Expect G7 To Discuss FX Thursday February 5, 3:58 am ET TOKYO -(Dow Jones)- The Japanese Finance Ministry's top bureaucrat said Thursday he expected Group of Seven financial officials to discuss currencies within the context of the global economy. "At the upcoming G7, I expect that there will be discussion on the world economy, individual economies and, within that, on foreign exchange, among various things," Vice Finance Minister Masakazu Hayashi told a regular press conference. Hayashi said Tokyo would likely reiterate its currency policy stance, namely that foreign exchange volatility is undesirable and Japan will intervene to stem any such volatility caused by speculators. Rapid currency moves are bad for the Japanese economy as well as the global economy, he added. His comments come just ahead of a meeting of Group of Seven central bankers and finance ministers in Boca Raton, Florida, this weekend. Hayashi declined to comment on remarks earlier this week by U.S. Treasury Secretary John Snow. Tuesday, Snow repeated his preference for a strong, market-based U.S. dollar policy, and also discussed the benefits of currency market flexibility.   Back to Original Article: Mortgage News You Can Use   Continue with: Japan's Indicators Index Tops Expectations in December Issues likely to come up at Florida G7 Bond Prices End Down Slightly Workers' Productivity Slows at End of'03 Wall Street Waffles on New Economic Data European Central Bank Keeps Rates Steady Thursday's World Gold Prices U.S. Productivity Grows at 2.7 Percent Annual Rate, Down From 9.5 Percent More borrowers tap into home equity U.S. productivity cools, jobless claims rise U.S. Treasuries, Thursday, Feb 5 House Backs Extended Jobless Benefits Mortgage Activity Drops US TREASURY OUTLOOK - Waiting for payrolls U.S. Treasury's Snow repeats deficits manageable Funds probe spreads to Alliance Capital 401k plans are getting even more scrutiny Fed's Bernanke sees low inflation, slow job growth
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