ForexLive favorite Ambrose Evans-Pritchard just published his latest, talking about the BOJ move. He hints at how the latest easing (which he tallies as QE8) is unlikely to succeed.
David Rea, from Capital Economics, said attempts to weaken the yen are doomed to failure as Japan’s safe-haven role makes it a magnet for funds fleeing the unresolved crises in the rest of the world. He expects the yen to strengthen from 78 yen to the dollar to 70 yen by late next year.