Comments from Japan FinMin Suzuki have crossed the wires (BBG). They appear very much in line with recent rhetoric around FX. FX moves should reflect fundamentals, excessive moves are undesirable etc. The government will take appropriate action FX, but Suzuki refrains from discussing FX levels.

• This comes after yesterday's move to 151.91, before a sharp correction lower in NY trade.
• The pair tracks at 151.65/70 in latest dealings, with no impact from the Suzuki comments at this stage.