Taking into account the contradictory movement of currency financing from Morgan Stanley strategists prefer to sell the franc / yen. Despite universal concern about currency intervention, the Ministry of Finance of Japan at the end of last year, what happened, what the Swiss National Bank unexpectedly announced the sale of its currency policies. According to analysts the bank, with a new wave of risk reduction in Japanese currency to rise against the Swiss franc. On Friday, Japan's Finance Minister Jos said that the Government has no intention of resorting to currency intervention, while a member of the National Bank of Switzerland Jordan confirmed last week that the Central Bank will not allow the excessive strengthening of its currency against the euro. Now franc / yen traded at 86.30, the euro / franc - at 1.5212.
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