As we approach that Bank of Japan interest-rate decision market participants are eagerly anticipating to see whether the central bank will undertake further monetary easing by adding to its bond purchase program. In Thursday’s session we saw some Japanese yen shorts closed or pared down as various rumors swirled around including one where the Bank of Japan was said to not be considering spending its bond purchase program. But, we should look to the view that Reuters reported earlier in the week that we will in fact have a move by the BOJ. From Reuters: “The Bank of Japan is likely to ease monetary policy on Friday by ... (full story)