Think the yen's recent weakness is overdone?
Not so, says Boris Schlossberg.
Schlossberg, a managing director at BK Asset Management, thinks Japan's new prime minister will continue pressing the Bank of Japan for more stimulus moves and a higher inflation target, both of which would weigh on the currency.
"Shinzo Abe is responsible probably for the greatest move in the yen," Schlossberg told CNBC. "His two months of jawboning was more effective than $200 billion of intervention by the Bank of Japan."
Abe would like to see the yen at 90 to the dollar, Schlossberg said, and "it looks like the Bank of Japan is starting to come on board."