SINGAPORE, Aug 19 Reuters The U.S. dollar declined broadly on Monday and slipped sharply against the yen in particular as investors bet on a dovish tone emerging in the Federal Reserve39;s July policy meeting minutes and Chair Jerome Powell39;s upcoming speech at Jackson Hole.

The minutes, due on Wednesday, and Powell39;s speech on Friday are likely to be the main drivers of currency movement for the week, which will also see inflation data from Canada and Japan alongside Purchasing Managers39; Index readings across the U.S., euro zone and UK.

Against the yen, the greenback fell more than 1 to 146.01 , after earlier slipping below the 146 yen level.

Analysts attributed the big move lower to broad dollar weakness, along with the potential for further policy divergence between the U.S. and Japan.

Bank of Japan BOJ Governor Kazuo Ueda is set to appear in parliament on Friday, where he is expected to discuss the central bank39;s decision last month to raise interest rates.

Certainly seems like a dollardriven move, but market is also likely positioning for policy divergence to be evident again later in the week with Powell to continue to point towards a September rate cut when he speaks at the Jackson Hole conference while BOJ39;s Ueda could keep an element of hawkishness on the table, said Charu Chanana, Saxo39;s head of FX strategy.

The BOJ39;s hawkish tilt last month contributed to the early August market turbulence in the wake of a massive unwinding of yenfunded…