Need to keep eye on energy prices and forex moves

Bank of Japan’s (BoJ) Director-General Of the Monetary Affairs Department Kazuhiro Masaki said on Monday that the “changes in wages in real terms will move to positive territory on a year-on-year basis.”

He said that there is a “need to keep an eye on energy prices and forex moves.”

Market reaction

USD/JPY is keeping its range play intact near 156.80, down 0.12% on the day.

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