Japan will take "appropriate" action in response to excessive forex moves and is closely watching market developments, Finance Minister Shunichi Suzuki said Tuesday after the yen weakened relative to the U.S. dollar to levels near where the government has previously intervened.Suzuki said currency moves should be stable, reflecting economic fundamentals, adding the government does not have specific dollar-yen levels in mind when stepping into the market."The government is closely monitoring market developments with a high sense of urgency," Suzuki told a press conference, after the yen slid…READ FULL ARTICLE
