Japan fin min Suzuki says intervention late April/early May a response to specualtion ...Middle East

Japan finance minister Suzuki responding to the data showing hefty intervention arouund four weeks ago (late April & early May):Japan spent nearly ¥10 trillion on yen-tervention in the past four weeksSuzuki:Forex intervention had certain effectsForex intervention was intended to respond to speculative movesSays will continue to respond appropriately when asked about forexConcerned that automakers' certification irregularities could have large implicationsmore to come This article was written by Eamonn Sheridan at www.forexlive.com.

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