Japan Prime Minister Fumio Kishida crossed wires via Reuters early Tuesday while pledging to renew hydrogen basic strategy by around end of May.

The policymaker also showed readiness to support and expedite hydrogen supply chain.

“It is necessary to speed up private investment through green transformation bond to promote decarbonization domestically,” said Japan PM Kishida.

The policymaker assured the stability of the country’s financial system in a previous speech on Monday.

Also read: Japan's PM Kishida: Country’s financial system is generally stable

USD/JPY stays pressured

USD/JPY remains depressed near 132.20 after reversing from a 12-day high the previous day.

Also read: USD/JPY Price Analysis: Retraces after failing to crack the 200-DMA