Japan Finance Minister Suzuki
- Excessive FX volatility is undesirable
- Important for currencies to move stably reflecting fundamentals
- No comment on FX levels
- No comment on FX intervention
- Will take thorough steps on FX with a strong sense of urgency
Referring to ‘excessive’ volatility is a step up in rhetoric.
Fin Min Suzuki
This article was written by Eamonn Sheridan at www.forexlive.com. Source