USD/JPY extedning lower on rumours and Nakagawa comments

USD/JPY has extended its Wednesday’s losses further with the chatter reported via Bloomberg:

• Reports some government officials are said to support a near-term Bank of Japan tightening

And comments from a BOJ policy setter:

• BOJ board member Nakagawa says steady progress being made towards inflation target

Coming up later:

• Bank of Japan Governor Ueda to speak from 3.10pm Tokyo time

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