According to analysts of Unicredit, with the end of September the Japanese yen is likely to begin to experience downward pressure. As noted in the bank, investors are now reluctant to sell the Japanese yen in all currency pairs, despite very favorable conditions to carry out speculative transactions carry trade. Given the approaching end of the fiscal half-year in Japan, do not exclude the repatriation of foreign assets by Japanese investors, the end of September will provide the potential demand for the currency. Foreign exchange strategists believe the bank that is profitable to buy 6-month call spreads on a pair of euro / yen with a strike price of 140 and 150 in anticipation of weakening the yen after the end of the month. Euro / yen is at 131.63.
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