Japan finance minister says firmly watching FX moves

  • Remarks by Japan finance minister, Shunichi Suzuki
  • Sharp currency movement is undesirable
  • Currency rates should be set by the market, reflecting fundamentals
  • Says does not want to comment on FX levels

A little bit of jawboning and verbal intervention there as USD/JPY is treading water above 143.00 for the first time since November last year.

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