Japan’s finance minister Aso says: Japan must always be ready to send signal to markets to curb excessive, one-sided FX moves. Japan, as with any country, must set aside necessary reserves to conduct FX intervention when needed. Also, a BOJ seniour official cited: FX is an important tranmission channel for moentary policy but monetary policy doesn’t directly target FX rates. USD/JPY ticking a little higher after these comments. (full story)