Comments out from BOJ board member Iwata 4 Aug
- BOJ not thinking about tightening policy by lowering amount of asset purchases
All helping to underpin USDJPY and Nikkei
- does not think BOJ will change its thinking dramatically because of policy review
- policy review is more about making small adjustments
- does not think overall direction of policy is wrong
- no plans to change inflation target wording
- won't loosen stimulus measures at Sept assessment
USDJPY 101.65 on session highs. Expect offers/res between 101.80-102.00