Japan's Vice Finance Minister for International Affairs Haruhiko Kuroda reiterated Wednesday that Japan has no intention of guiding FX rates. He added that there is no change in Japan's FX policy. His comments were underlined by comments from senior Ministry of Finance official Zembei Mizoguchi who added rapid movements in FX markets are not desirable and rates should reflect fundamentals and move in a stable manner. Mizoguchi confirmed there was no approval of yen weakness in the meeting between O'Neill and Shiokawa on Tuesday.