Yens comes back home
Repatriation of capital into Japan and the weakness of the greenback send the USD/JPY down
The time when the US dollar was a more popular safe haven than the Japanese yen is over. The yen has now a good chance to stabilize without being concerned that geopolitics and different shocks will strengthen it. It turns out that the yen can grow without a drop in the global risk appetite. Societe Generale says Japan now seems the “perfect place to be,” especially in equities. Stable balance sheets of local corporations, the growth of dividends, political stability, and relatively low buy price…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>
Leave a Comment