Chris Fernandes, vice president and forex adviser at Bank of the West, thinks another round of asset purchases is a definite possibility at the upcoming Bank of Japan meeting.
"," he told me, and his trading desk is slightly long dollars against yen. He is also watching the situation in North Korea , which he thinks could weigh on the Japanese currency. All in all, he told me, in the near term he believes the yen could reach 83 to 84 against the dollar.
Tune In: CNBC's " Money in Motion Currency Trading " airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
Learn more: The essential vocabulary for currency trading is on Key Terms Dictionary. Top currency strategies are broken down for you in Currency Class.
Talk back: Tell us what you want to hear about - email us at firstname.lastname@example.org .
Page 2 of 2 | Prev Page