BOJ's Sept 21 meeting sets market abuzz with speculation

Tokyo

BANK of Japan (BOJ) Policy Board meetings always generate advance speculation about the course of monetary policy, and next week's scheduled meeting is no different: speculation has risen to feverish pitch because the yen has become a first-choice currency among international investors.

Signals from the US Federal Reserve - that it may opt to delay a further rise in interest rates longer than expected - along with continued weakness in the post-Brexit pound and in the euro, have markets poised for a further rush into the yen, depending on what the BOJ does next week, analysts say.