The Dutch cooperative bank said that after Russian President Putin approved an updated nuclear principle, investors sought safe-haven assets, and the Japanese yen and Swiss franc rose to multi-week highs against the euro. In addition, after Japanese Finance Minister Katsunobu Kato warned of the recent volatile fluctuations of the yen and the possibility of currency intervention, the yen also received support. Jann Willem de Jong, a strategist at the Dutch cooperative bank, said in a report: ‘We tend to buy the yen against the euro, and from a 12-month perspective, we expect the euro to yen exchange rate to possibly fall to around 150.’
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Ngân hàng hợp tác Hà Lan: Xu hướng mua Yên Nhật so với Euro
The Dutch cooperative bank said that after Russian President Putin approved an updated nuclear principle, investors sought safe-haven assets, and the Japanese yen and Swiss franc rose to multi-week highs against the euro. In addition, after Japanese Finance Minister Katsunobu Kato warned of the recent volatile fluctuations of the yen and the possibility of currency intervention, the yen also received support. Jann Willem de Jong, a strategist at the Dutch cooperative bank, said in a report: ‘We tend to buy the yen against the euro, and from a 12-month perspective, we expect the euro to yen exchange rate to possibly fall to around 150.’