BNP Paribas has doubt about the future of the euro, Westpac believes in the restoration of the exchange rate yen
Wednesday, July 21st, 2010BNP Paribas and Westpac preference for yen. Given that the upward movement of the euro / yen is likely to be limited, as well as to reduce the risks in the pair dollar / yen, currency analyst at BNP Paribas believes that the risks for the euro / yen, more intensified. Break below 111.80 support level indicates a further reduction in the mark of 110.00.