Yen's Longest Rally in a Year Falters as BOJ October Meets Loom

  • BOJ expected to stand pat Wednesday, easing may come Oct. 30
  • Traders reduce bets on Fed interest-rate increase in 2015

The yen’s gains versus the dollar are faltering as the Bank of Japan holds its first of two policy meetings this month, with markets focusing on whether the central bank will signal a willingness to further ease policy amid global economic slowdown and deflationary pressures.

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