Japan finance minister Suzuki says rapid FX moves are undesirable

<ul><li>To respond appropriately to excessive moves</li><li>Not targeting absolute FX levels when intervening</li><li>Exchange rate should move stably reflecting fundamentals</li></ul><p>The relative silence in the move of USD/JPY to 145.00 surely did see some thoughts of stealth intervention creep at the back of one's mind. But it seems like they would still be offering up some verbal warnings between here and 150.00 still at least.</p>

This article was written by Justin Low at www.forexlive.com.