Steven Englander, Citi global head of G10 FX strategy, shares his thoughts on what's driving stocks and the U.S. dollar higher.
Japan's jawboning on the yen and expectations for more BOJ easing are unlikely to weaken the currency for long, JPMorgan Private Bank's Asia forex boss said.
The Japanese government will defend the gains of Abenomics and intervene if the USD/JPY falls to 105 and below, notes Citibank's Steve Englander.
Saxo Bank's Asia Pacific CEO, Adam Reynolds, gives his take on where the dollar will go and tips USD/JPY to hit 115 in the next few months.
Risk aversion will continue to put pressure on USD/JPY, says Barclays' Asia FX and rates strategy head Mitul Kotecha.
ECB is unlikely to take any action this week, while all eyes are on possible BOJ moves to drive JPY lower, says Gemmer Asset Management CIO, Charles Blankley.
Asian markets are mostly lower with the strong yen still weighing on the Nikkei 225 as USD/JPY drops below 108.
The USD/JPY dipping below 108 on Monday morning despite rhetoric from Japanese officials last week in an attempt to weaken the safe-haven currency.
Clients are looking at the USD/JPY pair hitting 105, says Sunrise Brokers' Japan and Asian equities head Ben Collett.
Daryl Guppy from GuppyTraders.com analyzes the charts for downside targets of the USD/JPY, Nikkei 225 and 10-year JGBs.