Japan finance minister Suzuki comments on the yen – weak verbal intervention | Forexlive

There really isn’t much meat in this from Japan finance minister Suzuki, pretty weak stuff:

• G20 chair Indonesia likely to issue a summary of this meeting’s discussion at a later date
• G20, in chair summary, likely to say many currencies have moved significantly this year with increased volatility, reaffirm fx commitment
• There was no discussion at G7 on what coordinated steps should be taken to address market volatility
• Want to take appropriate action vs excess fx volatility , when asked whether Japan could intervene to prop up yen
• Did not hold bilateral meeting with US Treasury Secretary Yellen this time
• US has shown clear understanding toward Japan’s fx intervention last month

USD/JPY not doing a real lot here after its substantial swings overnight: