Bank of Japan Deputy Governor Uchida says will not comment on FX levels
<p>Bank of Japan Deputy Governor Uchida</p><ul><li>won't comment on FX levels</li><li>says the BOJ aims for price rises accompanied by wage hikes</li></ul><p>Also,
</p><p>
BOJ Director-General of Monetary Affairs Dept Masaki:</p><ul><li>
doesn't see long-term interest rates to 'greatly' exceed 1% even with
rising pressure</li></ul><p>This follows the overnight drop in USD/JPY:</p><ul><li><a href="https://www.forexlive.com/centralbank/usdjpy-plunges-on-monday-us-time-speculation-surrounds-bank-of-japan-intervention-20231113/" target="_blank" rel="follow" data-article-link="true">USD/JPY plunges on Monday US time, speculation surrounds Bank of Japan intervention</a></li></ul><p>This from earlier would be yen positive at the margin</p><ul><li><a href="https://www.forexlive.com/centralbank/boosting-wages-chatter-about-of-japan-tax-breaks-for-companies-driving-inflation-battle-20231113/" target="_blank" rel="follow" data-article-link="true">Boosting wages: Chatter about of Japan tax breaks for companies driving inflation battle</a></li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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