ANZ expect a subtle shift from the BOJ at this week's meeting – to less dovish

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—</p><p>ANZ Bank expects no change to the Bank of Japan's (BoJ) monetary policy in the upcoming meeting but anticipates a subtle shift in the central bank's language. </p><p>The BoJ is likely to drop its previous guidance of being open to additional easing measures. </p><p>
Key Points: </p><ul><li>No Policy Change Expected: ANZ anticipates that the BoJ will maintain its existing monetary policy framework for the time being. </li><li>Guidance Shift: Governor Ueda is likely to emphasize a data-driven approach, indicating a move away from the bank's earlier 'behind-the-curve' strategy.</li></ul><p>—</p><p>If ANZ are correct and the Bank does shift to less dovish it should be supportive of the yen at the margin. </p><p>The Bank of Japan statement is due Friday some time in the 0230 to 0330 GMT time window. </p><p>Bank of Japan Governor Ueda walking a tightrope</p>

This article was written by Eamonn Sheridan at www.forexlive.com.