Japan finance minister Suzuki statements crossing the wires. USD/JPY is not too far from 1450 again so Japanese authorities are trotting out the verbal intervention attempts. Suzuki begins with this golden oldie: • No comment on forex moves. And then, of course, follows up with comments on FX moves. Go figure: • Closely watching FXmoves with strong sense of urgency. • Will respond appropriately against sharp fx moves. • Important for FX to move stably reflecting econ fundamentals. • Sharp currency moves are undesirable. (full story)