USD/JPY flows: JPY disapointed by lack lustre BoJ December Meeting SUmmary

BOJ December meeting summary disappoints hawks as it does not give any cue of change of monetary policy, or worse certain member left dovish remarks. More Ueda remarks on a Monday at Japan Business Federation meeting also crossed the wire, which does not show any urgency to exit loose monetary policy. Nevertheless, the can has been kicked down the road to the spring wage negotiation around March before any changes are expected. 

USD/JPY immediately spikes but remains in consolidation as it is currently trading 0.12% higher at 142.56.