Japan’s Nishimura: There are worries sales tax hike may weigh on consumer sentiment

Japanese Economy Minister Yasutoshi Nishimura was on the wires last minutes, via Reuters, commenting on the impact of sales tax hike effective this month.

He said that there are worries sales tax hike may weigh on consumer sentiment, adding that they have to carefully watch consumption.

USD/JPY consolidates Thursday’s slide below the 107 handle, as the Japanese Yen ignores the above comments.