After several weeks of relentless selling, the yen finally strengthened as much 1% versus the dollar before trimming the move after BOJ boss Kazuo Ueda's hawkish comments: USDJPY fell to 146.50 after closing just shy of 148 after Ueda said in an interview with the Yomiuri newspaper that an end to negative interest rates was possible if they were confident that wages and prices were rising sustainably, and that they could have enough information on the wage outlook by the end of the year. “It is not impossible that we will have enough information by the end of the year to anticipate [wage hikes next spring]" Ueda said, ... (full story)