The Bank of Japan (BOJ) Governor Haruhiko Kuroda came out on the wires in the last hour, via Reuters, noting that they will aim to create a scheme to aid funding for small firms.
The central bank is aiming to get this scheme approved before the next policy meeting in June, he added.
USD/JPY regains 106.50
USD/JPY is off the lows in the European session, now trading at 106.61, still down 0.11% on the day.