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

Also,

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:

• USD/JPY plunges on Monday US time, speculation surrounds Bank of Japan intervention

This from earlier would be yen positive at the margin

• Boosting wages: Chatter about of Japan tax breaks for companies driving inflation battle

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