After a slew of bad data across the globe, the market may need to rejig its expectations for the end of easy monetary policy, some analysts said.» Read More
The dollar crossed the key 100-yen mark for the first time in four years Thursday and is expected to keep rising, with a year-end target of 105.
Stuart Oakley, Managing Director, Asian Currency Trading at Nomura says global central banks are punishing the consumers for being stingy. He also states his reasons for recommending investors to be short U.S. Dollar & long Chinese yuan.
Japan's monetary policy and its sliding currency may have an unintended side-effect: pushing the country back into the embrace of nuclear technology.
Minutes from the Bank of Japan's recent policy meeting showed there was broad consensus on the need for aggressive easing measures. The Nikkei's Yukako Ono has more.
Martin Lakos, Division Director at Macquarie Private Wealth says they have upgraded their growth outlook for Japan considering the aggressive BoJ stimulus measures.
Frank Khoo, Global Head of Asia of AXA Real Estate, connects the dots to unravel the value in Japan's property sector.
The central bank's suggestion that it's likely to achieve its 2 percent inflation target later rather than sooner is a dose of realism that is good for its credibility, analysts say.
Torrie Callander, senior corporate dealer at Global Reach Partners, says the yen will weaken further against the dollar and that the current euro strength against the dollar doesn't make much sense.
The Bank of Japan forecast on Friday that inflation will rise to around 2 percent towards the latter half of the next three years due to its massive stimulus plan.
Ashraf Laidi, Chief Global Strategist at City Index says the Japanese Yen continues to retain safe haven status and does not believe the ECB will cut rates at the next meeting. Uwe Parpart, Managing Director, Head of Research of Reorient Financial Markets joins in the discussion.
Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets says by mid-May the Japanese Yen will definitely be at the 100 level.
Peter Schiff, CEO at Euro Pacific Capital warns that U.S. might be headed for a economic disaster worse than the global financial crisis in 2008. He also says that Japan is making a monetary mistake.
Mansoor Mohi-uddin, Chief Currency Strategist at UBS Investment Bank says the only event investors can expect at the upcoming BOJ meeting is its semi-annual economic outlook report.
Asoka Woehrmann, Co-CIO of Deutsche Asset & Wealth Management explains how the Bank of Japan has put the currency pair path on an inevitable track to the 100-level.
Andre De Silva, Head of Asia-Pacific Rates at HSBC Global Research, discusses which markets benefit from Japan's massive bond-buying program.
Mark Tinker, global portfolio manager, at Axa Framlington, prefers Japanese banks over European ones due to the "dramatic" policy change which should bring a "very significant increase in activity".
Boris Schlossberg, Managing Director at BK Asset Management, highlights the possible factors which could see dollar-yen breach the key 100 level.
Parag Khanna, Director at Hybrid Reality Institute weighs in on G-20's changing stance and state of China's and Japan's economy going forward.
John Hardy, head of fx strategy at Saxo Bank, discusses expectations for the yen as no opposition arose from G20 and sees the currency weakening further in the next couple of years against the dollar.
Finance Minister Taro Aso gained the G20 members' understanding after explaining the bold easing measures by the Bank of Japan are aimed at ending the long lasting deflation of Japan and not at weakening the yen. The Nikkei's Kishida Sachiko has more.