BOJ’s Takata: Japan not in phase to remove yield curve control

Reuters reported Bank of Japan board member Hajime Takata said in an interview with the Nikkei newspaper published on Saturday that Japan's economy is not yet in a phase where the central bank can end yield curve control,

He also said there were some positive signs in corporate capital expenditure and wages, according to the Nikkei.

USD/JPY update

USD/JPY is a resistance area on the daily chart as the bulls move in on the 137.00s. While on the front side of the trend, there is a focus on a downside extension. 

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