The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.”

Additional quotes

Underlying inflation still remains below 2%.

BoJ ready to conduct bond-buying operation nimbly in exceptional cases when long-term rates make irregular moves.

Market reaction

USD/JPY is holding gains above 148.00 following Ueda’s cautious remarks, adding 0.23% on a daily basis.

Source: Fxstreet