Jesper Bargmann, Head of Trading Markets, Singapore at Nordea, says easing action from the Bank of Japan and performance of the U.S. yields will determine the movements of the dollar-yen pair.
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The Bank of Japan has called for the Japanese government to step up on its reform campaign. Nizam Idris, Head of Fixed Income & Currency Strategy at Macquarie, discusses how this will move the dollar-yen trade.
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David Forrester, Senior Vice President, G10 FX Strategy at Macquarie, expects the Bank of Japan to unleash more stimulus ahead, which will spur further yen weakness.
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Possible changes in policies by the Fed and the Bank of Japan could lead dollar-yen to hit 108 over the next 12 months, says Eric Viloria, Currency Strategist at Wells Fargo Securities.
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Jesper Bargmann, Head of Trading, Markets Singapore at Nordea, discusses how much the yen could weaken against the dollar amid chances of fresh easing from the Bank of Japan.
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Jonathan Cavenagh, Senior FX Strategist at Westpac Institutional Bank, says the Japanese yen may extend its rally against the greenback in the short-term, after hitting a three-week high on Monday.
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Saktiandi Supaat, Head of Global FX Strategy at Maybank, says dollar-yen could retreat further as the Bank of Japan (BOJ) is not likely to make any move before April's sales-tax hike.
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Jeffrey Halley, Senior Manager, FX Trading at Saxo Capital Markets, explains what triggered dollar-yen to briefly fall below the 102 level in early Asian trade.
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The U.S. dollar is likely to extend its rally against the yen this week after a forecast-beating November jobs report, a CNBC survey of traders and analysts shows.
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Jens Nordvig, Global Head of Currency Strategy at Nomura expects the BOJ to get more aggressive next year and says USD/JPY could hit 107 by mid-2014.
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