BTMU sees an opportunity for some strengthening of the yen

Bank of Tokyo - Mitsubishi UFJ advised to pay attention to the fact that the yen this month, looks better than all of the major currencies, which, according to strategists Bank showed interest in returning to it as a reliable asset. The bank noted that in part contributed to this talk about the need for new reserve currencies and the diversification of reserves by central banks, but also affects the weakening appetite for risk. In BTMU note that in the short-term networking of long positions in the Japanese currency is viable strategy, given the risks of continuing deterioration in mood in financial markets.