BOJ statement due Friday: "Ueda could strike a hawkish chord"

<p>Westpac on tomorrow's BOJ and potential support for the Yen:</p><ul><li>This week's BoJ is not expected to produce any policy tweaks, but Ueda could nevertheless strike a hawkish chord, similar to the recent interview where he signalled openness to ending negative rates. </li><li>US Tsy Secretary Yellen's comments that intervention would be "understandable" give BoJ officials even more leeway to push back on JPY weakness too.</li></ul>

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