Bank of Japan Deputy Governor Uchida says will not comment on FX levels

Bank of Japan Deputy Governor Uchida

  • won’t comment on FX levels
  • says the BOJ aims for price rises accompanied by wage hikes


BOJ Director-General of Monetary Affairs Dept Masaki:

  • doesn’t see long-term interest rates to ‘greatly’ exceed 1% even with
    rising pressure

This follows the overnight drop in USD/JPY:

This from earlier would be yen positive at the margin

This article was written by Eamonn Sheridan at Source