Japan’s Suzuki: Will respond appropriately against sharp FX moves

Japanese Finance Minister Shunichi Suzuki crossed the wires, via Reuters, in the last hour, making usual comments on the FX market moves.

Key quotes

No comment on forex moves.

Closely watching FX moves with a strong sense of urgency.

Will respond appropriately against sharp FX moves.

Important for FX to move stably reflecting econ fundamentals.

Sharp currency moves are undesirable.