Japan finance minister Suzuki says will take action against excessive FX moves ...Middle East

Japan finance minister Suzuki Need to maintain market faith in Japan's fiscal policy amid shift to interest rates in positive territoryDrop in japan foreign reserves as of end-May partially reflect fx interventionWill take action against excessive forex movesForex intervention was conducted to address excessive movesForex intervention should be done in restrained mannerNot taking into account limit to reserves for FX interventionIntervention should be done while taking into account necessity and effectivenessUSD/JPY is popping a little: This article was written by Eamonn Sheridan at www.forexlive.com.

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