USD/JPY Steady ahead of BOJ next week

USD/JPY is trading steady Friday, with little changes. The Bank of Japan( BOJ) meets on March 16th and March 17th. Market talk is beginning to focus on the BOJ meeting. No change in monetary polkicy is expected. Market chatter about comments made by BOJ Governor Haruhiko Kuroda over the last month has traders expecting a wait and see mode for the BOJ. Market talk is beginning to surface about wage negotiations also next week in Japan on March 18th to Match 20th. Comments made by various policy officials in Japan have repeatedly said wages need to show improvement in order offset on-going deflationary trends in Japan. USD/JPY is trading at 121.31, unchanged on the session.