Comments from Japan new ruling party lawmaker hitting wires.

Strong yen is basically good for the Japan economy.

Current yen rise reflects weak dollar.

Must not intervene in forex markets unless currencies move abnormally.

No need to change Japan’s forex reserves policy for now.

Must not resort to currency dumping.

USD/JPY sits at 92.35, effectively unchanged on the day, an earlier rally having stalled out at 92.51.