Japan finance minister Suzuki starts off slow but soon warms up with a pointed remark:
Important for currencies to move in stable manner reflecting
fundamentalsRapid fx moves
undesirableNo comment on fx
interventionClosely watching fx
moves with a high sense of urgencyWon’t rule out any
steps to respond to disorderly fx moves
More:
Kanda has not informed me of overseas response to FX moves
This article was written by Eamonn Sheridan at www.forexlive.com.