The divergence in monetary policy between the Bank of Japan and the European Central Bank draws attention, with the market betting on a stronger yen against the euro
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The divergence in monetary policy between the Bank of Japan and the European Central Bank has attracted market attention, with traders betting on a stronger Japanese yen against the euro. Strategists from Rabobank, Nomura Securities, and Mizuho Securities expect the euro to fall to 140-150 yen by the end of next year. As the European Central Bank may continue to cut interest rates while the Bank of Japan has the potential to raise rates, the interest rate differential will drive the yen stronger. It is expected that by the end of 2025, the exchange rate of the yen against the euro will rise to 140 yen
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