Yuuki Sakurai, President & CEO at Fukoku Capital Management tells CNBC's Cash Flow why he would like more clarity from BoJ Governor Haruhiko Kuroda.» Read More
The Bank of Japan (BOJ) entered a new era on Tuesday, unveiling an aggressive monetary policy aimed at pushing Japan's economy out of a slump. But the question is whether the central bank, with a reputation of being cautious, can now deliver?
Further weakness in the yen, trading near its lowest level in more than two years against the dollar, is unlikely given the currency's recent and rapid decline, said former top currency official in Japan Professor Eisuke Sakakibara, adding that a dollar/yen rate around 90 'sufficient' for Japan's manufacturers to reap the benefits of a weakened currency.
Stuart Oakley, Managing Director, Asian Currency Trading at Nomura analyses the BOJ's latest announcement as it breaks in real time.
Eisuke Sakakibara, Former Vice Finance Minister of Japan, and Professor at Aoyama Gakuin University says the yen is not likely to depreciate further. He explains why.
Jesper Koll, MD & Head of Japanese Equity Research, JPMorgan Securities Japan says there needs to be broad co-ordination if Japan wants to get out of its economic funk. He adds that the 2% inflation target is a good indicator to have.
Andrew Freris, Chief Investment Advisor for Asia, BNP Paribas Wealth Management discusses the situation that Japan's economy is in. He adds that Japan may adopt similar measures as the EU.
Vasu Menon, Vice President, Wealth Management Singapore, OCBC Bank says monetary stimulus won't lead Japan out of the woods. He is cautious about investing in Japanese markets.
Daryl Guppy, CEO, Guppytraders.com charts the euro, which he sees hitting $1.40 over the next quarter. Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital Investors says central banks are moving in the right direction with increased quantitative easing.
Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital Investors thinks the BOJ will adopt a 2% inflation target and introduce quantitative easing. He says the yen will continue to fall 10-20%, while the Nikkei will outperform this year.
Traders backed off short yen positions ahead of a key Bank of Japan meeting, and Iceland's finance minister looks at the euro zone and wants in.
Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management says the Bank of Japan will not formally adopt the 2% inflation target. Instead, they will do enough to convince the markets that more aggressive monetary policy is on the way, including adopting the inflation target eventually.
Nizam Idris, MD & Head of Strategy, Fixed Income & Currencies at Macquarie explains why a rate cut is necessary for the BoJ and the RBA.
The euro has been rising against the dollar, but where it's really moving is against several other currencies, this strategist says.
Adrian Mowat, Chief Asia & Emerging Markets Equity Strategist, JP Morgan Securities says Prime Minister Abe has the mandate to drive the yen lower so that the economy can remain competitive.
Valentin Marinov, head of European G10 at Citi, tells CNBC they are seeing a pull back from investors selling the Yen ahead of the Bank of Japan meeting on January 21st.
David Roche, Global Strategist, Independent Strategy says its worth going long on Japanese markets. He expects Japan's economy to grow 1.5 percent this year.
Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank tells CNBC's Cash Flow why he's expecting a short term pullback in the yen.
Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific at RBS says he expects the yen to trade between the 88 to 91 range and will buy on dips.
Kathy Lien, Managing Director, BK Asset Management sees substantial support for further gains in USD/JPY. She says there will be more monetary easing by the BOJ which will keep the yen weak.
Nicholas Ferres, Investment Director, Global Asset Allocation at Eastspring Investments says the explicit 2% inflation target by Japanese Prime Minister Shinzo Abe and his preference for a weaker yen is contributing their overweight rating on Japan.