If the BOJ delivers further easing but stops short of helicopter money, the yen could strengthen again, says Nikko Asset Management's Roger Bridges.
OCBC Bank's Vasu Menon explains that European banks' credit default swap spreads and bond yields are still relatively stable.
The Bank of Japan is likely to cut rates by 20 basis points and expand its quantitative and qualitative easing program, says ABN Amro Bank's Roy Teo.
The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said during the G-20 meeting.
JPMorgan AM's Tai Hui says the BOJ needs more creative policies to meet inflation targets although "helicopter money" might not be the right solution.
The market is still looking to central banks for solutions, but policymakers actually have few options left, notes JPMorgan AM's Tai Hui.
Westpac Bank Global Head of FX Strategy Robert Rennie says strong economic data and limited Brexit impact have pushed the dollar higher.
The Bank of Japan is likely to cut rates on excess reserves and expand its monetary base, expects Marcel Thieliant, Japan economist at Capital Economics.
The dollar index also hit its highest level since March.
Gold remained above a three-week low on Thursday, as the dollar and European shares fell.
The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.
The ECB left all key interest rates unchanged on Thursday, after the governor of the Bank of Japan ruled out using "helicopter money" in a radio interview.
Does the Bank of Japan have to ease at its next policy meeting, given market expectations? Wei Li, head of iShares EMEA investment strategy at Blackrock, weighs in.
The yen has been on a wild ride after newly released comments by the Bank of Japan’s governor said there was no need and no possibility for helicopter money. CNBC’s Akiko Fujita discusses.
Speculation of more aggressive fiscal and monetary policy easing has weakened the yen and supported the Asian stock rally, says Commonwealth Bank's Elias Haddad.
Oil prices pared losses after government data showed U.S. crude stockpiles fell by 2.3 million barrels last week.
Gold fell to its lowest in three weeks on Wednesday on higher equities and as the dollar hit a four-month high.
The dollar hit a four-month high against a basket of currencies, bolstered by strong U.S. data and expectations of Fed rate rises.
Credit Agricole's David Forrester says as U.S. economic data improve, the Fed is likely to hike once in December.
Investors will pay attention to the forward guidance in companies' earnings to see if there is improved business confidence, says Taurus Wealth Advisors' John Lilley.