Japan finance minister says groundwork laid to take appropriate FX action

Earlier:

• Japan finance minister Suzuki says the weak yen has pros and cons for the economy
• Japan finance minister Suzuki won’t comment on current FX moves

Suzuki said:

• Won’t deny that last week’s discussions in Washington have laid groundwork for Japan to take appropriate FX action

That remark is hitting the headlines now. USD/JPY dipped a little:

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