NEW YORK, July 29- The dollar dropped on Friday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter, while the Japanese yen soared after the Bank of Japan's stimulus plans underwhelmed investors. U.S. gross domestic product increased at a 1.2 percent annual rate, the Commerce Department said. "There were some aspects of... » Read More
German business confidence lifts the euro and easing expectations dent the yen - it's time for your FX Fix.
CNBC's Deidre Wang Morris says the weak yen is fueling a rally in Japanese equities.
Nizam Idris, MD, head of Strategy, Fixed Income & Currencies at Macquarie speculates about the impact of BoJ easing on the yen.
Greg Gibbs, Senior Currency Strategist, RBS says the rate at which the BOJ is expanding its balance sheet is on par with the Fed's plan for next year. He says USD/JPY is clearly on an upward trend and could hit 90 very quickly.
Jesper Bargmann, Head of G11 SPOT FX, Asia Pacific, RBS says USD/JPY should continue on its trend lower as the BOJ may adopt further easing measures in its first policy meeting following the LDP's win.
Kelvin Tay, Regional CIO, Southern APAC, UBS Wealth Management says the Australian dollar is overvalued but he sees a possibility of it being used in a yen carry trade if the yen weakens.
Kelvin Tay, Regional CIO, Southern APAC, UBS Wealth Management says a recovering U.S economy will help bring global growth in 2013 to 3%.
Robert Rennie, Global Head of FX Strategy at Westpac Bank advises investors not to place heavy easing expectations on the Bank of Japan. He says the right way to play yen crosses is to wait until there is greater confirmation of easing measures.
Consistent with the theme of his latest book, John Mauldin of Mauldin Economics believes Japan is rapidly approaching the end of the road paved with government bonds and a strong currency.
The victory by Japan's Liberal Democratic Party fueled hopes for more monetary stimulus and sent the yen into a tailspin - it's time for your FX Fix.
The Japanese people have handed Shinzo Abe's Liberal Democratic Party the chance to kick-start the country's moribund economy – but which companies could benefit from the LDP's plans?
Geoff Wilkinson, head of technical strategy at Whitman Howard, joins CNBC for a technical look at Apple, Euro vs Dollar and the Euro vs Yen.
Seijiro Takeshita, director at Mizuho International, tells CNBC what stocks to buy on the back of the Japanese election.
Frederic Neumann, MD & co-head of Asian Economics Research at HSBC, speaks to CNBC about the aftermath of Japan¿s election and whether the Yen will be pushed lower.
Mikihiki Yamamoto, Deputy Head of Research, Ji Asia says that global funds will add more Japan equities to their holdings starting next month.
Jonathan Cavenagh, Senior FX Strategist, Westpac Institutional Bank, explains why the yen selloff is set to run out of steam ahead of the BOJ meeting this week.
Paul Krake, Founder, View from the Peak: Macro Strategies explains how the LDP's electoral triumph will finally bring about structural yen weakness, thanks to Abe's aggressive stance on monetary policy.
Khiem Do, Head of Asian Multi-Asset, Baring Asset Management says China's plans to restructure state-owned enterprise and boost domestic consumption is a sensible path to pursue.
Steve Leonard, Office of the Chairman, Senior Vice President, EMC Corporation expresses concern over some of Abe's militaristic statements, but is hopeful that Abe will bring a pro-business platform to government.
Nicholas Smith, Director and Strategist, CLSA says it's clear that Shinzo Abe sought advice from former prime minister Koizumi. He adds that the clarity and decisiveness from Abe is surprising.