Japan’s Chief Cabinet Secretary Yoshimasa Hayashi refrained from commenting on the discussion of the Bank of Japan (BoJ) monetary policy meeting during his appearance on Monday.

Hayashi said that he expects "the BoJ to work closely with the government and take appropriate monetary policy to sustainably and stably achieve its price target accompanied by wage rises."

Market reaction

At the time of writing, USD/JPY is consolidating its latest uptick near 149.15, adding 0.09% so far.