FOREX-Dollar steady, yen wavers as BOJ policy shift beckons

The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan seemingly on the brink of ending negative rates and the focus on how many rate cuts the Federal Reserve projects. Apart from Japan and the United States, central banks in England, Australia, Norway, Switzerland, Mexico, Taiwan, Brazil and Indonesia are all due to meet, with most expected to stand pat on rates. The spotlight in Asia is firmly on the BOJ as the bigger-than-expected pay hikes by major Japanese firms cemented expectations that the central bank is set to herald a new era by ending its negative interest rate policy, potentially as soon as Tuesday.