BOJ governor Ueda says chance of a prolonged weakness in the yen is not zero

• We can preemptively judge if weak yen affects inflation, spring wage talks next year
• But FX impact on inflation is usually tentative

The headline remark is not exactly a saving grace for the yen currency. USD/JPY is up to the highs for the day at 156.22 currently.

This article was written by Justin Low at www.forexlive.com. Source