Reported 7 months ago
The Japanese Yen against the New Taiwan Dollar recently showed a 0.2 increase, targeting the Taiwanese people's love for traveling to Japan and the increasing preference for the yen. Investors are now waiting for the opportunity of long-term appreciation of the yen, making yen-denominated investments more attractive. As inflation persists and mature central banks like the Federal Reserve remain cautious about interest rate cuts, balanced funds are becoming more popular for their potential in market opportunities, especially in the current high-interest-rate environment. Economists believe the yen is undervalued and may appreciate significantly in the long term, with expectations for the Bank of Japan to cut bond purchases and pave the way for a rate hike in July. Wealth management centers suggest considering balanced or bond funds denominated in yen while waiting for yen appreciation, aiming to maximize investment efficiency across stocks, bonds, and currency markets.
Source: YAHOO