Japan's finance minister Suzuki says he explained at last week's meeting in Washington Japan's strong concern over how the weak yen pushed up the cost of imports.
- Japan's concern was shared at meeting with South Korea
- the trilateral meeting included the US
- Won't deny that last week's discussions in Washington have laid groundwork for Japan to take appropriate FX action
OK, that last point, Suzuki finally making an impact! USD/JPY dip buyers will be toasting him.