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BoJ: No policy changes expected - RBS

FXStreet (Bali) - The Bank of Japan holds its November policy meeting with no policy changes expected, notes the FX Strategy Team at RBS.

Key Quotes

The Bank of Japan holds its November policy meeting where no policy changes are expected. The BoJ expanded its QQE program in late October and is unlikely to take additional action so shortly after that decision. The upcoming general election may also reduce the desire of a major BoJ policy change this month. The vote on policy could prove important, considering the decision to expand the QQE program was contested (5- 4 vote)."

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