Japan finance minister Suzuki won’t rule out any steps in response to disorderly FX moves

Finally some sort of verbal response to the much weaker yen today.

Japan finance minister Suzuki:

• won’t rule out any steps in response to disorderly FX moves
• closely watching FX moves with a high sense of urgency

That ‘steps’ comment is an escalation on what he usually says. He’s given USD/JPY a bit of a shake:

More added:

• won’t rule out any steps including “decisive steps” to respond to disorderly FX moves

Yep, Suzuki ramping up the rhetoric a notch or two

This article was written by Eamonn Sheridan at www.forexlive.com.