Japanese Finance Minister Suzuki says again he is watching FX with a sense of urgency

Japanese Finance Minister Suzuki is getting an early start with verbal intervention to support the yen today.

A Fed official didn’t help him out overnight:

150 is more a psychological level than anything else – a big round number. The sooner the band-aid is ripped off the better.

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