Flash: Risk of a dovish BoJ - RBS

FXstreet.com (Barcelona) - According to Greg Gibbs, FX Strategist at RBS, "In light of the weaker Japanese data in recent months, the approaching decision on the sales tax, stronger JPY and stalled Japanese equity market, the BoJ could decide to shock the market and ease further on Thursday." Alternatively, Gibbs adds "BoJ Governor Kuroda may warn they are considering such a policy move in coming meetings if the economy, assets and the USD/JPY do not pick up again soon."