More from Bank of Japan Governor Ueda – lots of positive talk about wage hikes

Bank of Japan Governor Ueda speaking at a BoJ branch manager meeting

Earlier comments here:

• BoJ Gov Ueda says will raise rates if improvement in economy & price conditions continues

More now

• there was a lot of positive talk about wage hikes at the meeting
• timing of adjusting monetary policy is up to future economic, price, and financial conditions

USD/JPY is extending its drop a little:

This article was written by Eamonn Sheridan at www.forexlive.com.