Japan finance minister Suzuki: Can’t tell whether strong yen has bigger demerits or merits

Japan finance minister Suzuki spoke earlier:

• Japan fin min Suzuki says intervention action taken as excess volatility not desirable

Catching up on a little more from the fin min:

• Important for govt to work closely with BOJ on economic, financial
  situations
• Can’t tell whether
  strong yen has bigger demerits or merits

USD/JPY has stabilised after its fall earlier today:

This article was written by Eamonn Sheridan at www.forexlive.com.