The BoJ must make a new commitment to meet its 2 percent inflation target because achieving that goal by around next spring will be difficult.» Read More
Boosted by better-than-expected U.S. employment data and the Fed's continued debate about scaling asset purchases back, the dollar-yen breached the key 100 handle and even touched 101. The Nikkei's Yukako Ono reports.
Harry Ida, Senior Analyst, Thomson Reuters says the Dollar-Yen has ratcheted up to a fresh trade range of 98-103 that could go as high as 105-110. Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors joins in the conversation.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors says the weaker yen is boosting Japan's exporters and is seen as a good thing. He says the USD/JPY will reach 105 soon.
Clay Carter, Head of International Equities at Perennial Investment Partners explains why he believes the Japanese currency will overshoot in the near-to-medium term.
William Skeean, Co-Managing Partner at Edge Capital Partners says investors should take the long view, and hang on to their stocks instead of trying and predicting the market's ebb and flows.
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.