The upcoming BOJ meeting is highly anticipated due to increased speculation of a potential policy tweak.
The yen was last 0.1% lower at 149.75 per dollar after hitting a one-year low of 150.78 per dollar last week.
A PMI data deluge, inflation figures in the euro zone and US nonfarm payrolls also add to the mix of the event-packed week. The yen was last 0.1% lower at 149.75 per dollar, getting a slight reprieve after having struck a one-year trough of 150.78 per dollar last week. In the broader market, currency moves were largely subdued as traders stayed on guard and risk sentiment remained fragile.
The dollar index edged 0.03% higher to 106.63, as investors assessed what the recent run of resilient US economic data would mean for the Fed’s rate outlook.
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