27-10-2016 19:22 via feedproxy.google.com

The yen is diving

The Japanese yen is diving.
The currency is down by 0.8% at 105.30 per dollar as of 1:06 p.m. ET.
The Bank of Japan will be meeting next week on October 31-November 1, and most analysts aren't expecting any major shake-up.
"We hold out very little hope for any material improvement in the BoJ's 'operational credibility,'" wrote Hiromichi Shirakawa and Takashi Shiono of Credit Suisse in a note.
"Essentially we expect monetary policy to be left on hold next week despite a significant lowering
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