Japanese Prime Minister Shinzo Abe's claim that a Lehman-esque crisis loomed was nothing more than political maneuvering, analysts told CNBC. » Read More
Gold turned lower on Tuesday, after nearing the prior session's 15-month top, as the U.S. dollar moved higher.
The firm says the no-move was a mistake and the central bank should have announced stimulus measures.
The Bank of Japan made a “fateful miscalculation” when it opted to hold interest rates at its meeting last week, Goldman Sachs has said.
Gold rose towards the key $1,300-an-ounce level, as the U.S. dollar fell and as assets of the top bullion fund climbed to a two year peak.
The dollar recovered slightly on Monday from its biggest weekly fall in more than seven years against the yen.
The U.S.' dependency on "printing money" has led to this, Berkshire's Charlie Munger says.
Joe Corbach, head of currencies and commodities at GAM, looks at the market performance of the Japanese yen following the Bank of Japan’s latest policy move.
Boris Schlossberg, managing director at BK Asset Management, looks at the key drivers in currency markets right now, with reference on the Bank of Japan.
The yen built further on a round of strong gains since the Bank of Japan meeting, moving to an 18-month high against the dollar.
National Australia Bank's Christy Tan expects the dollar/yen to be at 116 by end 2016, as the BOJ will do more easing to reach its inflation target.
Aviva Investors' Mary Nicola reckons the BOJ wanted to wait and observe the impact of the negative interest rate policy before easing further.
The PBOC guided the yuan higher at the sharpest pace since 2005 on Friday in a move attributed to the dollar's weakness against major currencies.
If the BOJ's priority was to stabilize the dollar/yen, they would have announced something, argues Westpac Bank's Sean Callow.
Eastspring Investments' Nicholas Ferres says the BOJ has effectively tightened financial conditions in Japan by standing pat on policy.
The Nikkei is expected to face downside pressure but that could change if policymakers hint at more stimulus, say AMP Capital Investors' Shane Oliver.
HSBC's Izumi Devalier explains that the BOJ's decision was an unpleasant surprise for markets but that could be because of bigger strategic considerations.
UBS Wealth Management's Hartmut Issel describes BOJ's Kuroda as a central banker who does not like predictability or incremental policy change.
MFS Investment Management's Jim Swanson says central banks need fiscal cooperation and structural reform to support the economy as well.
The BOJ now has a credibility problem, because the conditions for further easing were there but they didn't deliver, says Wells Fargo's Tim Quinlan.
Stocks head into the last day of April in a cranky mood, but May might not be the time for a shakeout.