If you are looking for a currency headed south in a hurry, you have a bit of a dilemma these days.
Certainly, uncertainty in
Amelia Bourdeau, director of foreign exchange at Westpac Institutional Bank, doesn't like the yen or the British pound, but says, "yen is going to weaken much further." The incoming Bank of Japan governor is expected to pursue monetary easing more aggressively, she told CNBC's Amanda Drury, and that will keep downward pressure on the currency. "We're looking at 100 on the yen, I think, very soon."
"I think sometime in the next month or so," says Brian Kelly of Shelter Harbor Capital. The Bank of Japan will be meeting again on April 3, he says, and "I imagine people will start shorting the yen into that."