Japan finance minister says firmly watching FX moves

<ul><li>Sharp currency movement is undesirable</li><li>Currency rates should be set by the market, reflecting fundamentals</li><li>Says does not want to comment on FX levels</li></ul><p>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.</p>

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