BOJ Dep Gov Uchida says need to closely watch FX markets

Bank of Japan Deputy Governor Uchida repeating the comment from his boss, Governor Ueda earlier:

• the Bank needs to patiently continue monetary easing
• Uncertainty high re Japan’s economy

And adds in an implied intervention threat on the yen::

• need to closely watch FX markets

Ueda earlier:

• Bank of Japan Governor Ueda speech, full text. Patiently maintaining monetary easing.
• More from Bank of Japan Governor Ueda: Aware of the impact of weak yen on firm earnings

This article was written by Eamonn Sheridan at www.forexlive.com. Source