Despite being undervalued based on PPP, the Japanese Yen has been depreciating for a few weeks due (probably) to a risk-on environment making the Yen as a safe-haven less attractive.
Being still undervalued, the Yen might be a cheap hedge against market downturns. Moreover, it seems to have reversed its downward trend and an appreciation against the Euro is now the base scenario for the coming weeks or months.
Being still undervalued, the Yen might be a cheap hedge against market downturns. Moreover, it seems to have reversed its downward trend and an appreciation against the Euro is now the base scenario for the coming weeks or months.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.