09.09.2025 19:50
Goldman Sachs and Bank of America strategists have advised investors to prefer the Swiss franc over the Japanese yen, which is known as a safe-haven currency, due to increasing uncertainties in global markets and rising risks in Japan.
The increasing risk perception in global markets has led investors to seek safe havens once again. Especially with the intensification of political uncertainties, investors are avoiding risk and turning to more stable currencies.
NEW INVESTMENT ADVICE FROM MAJOR BANKS
Strategists at Goldman Sachs and Bank of America indicate that the rising risks in Japan are becoming increasingly apparent. This situation is leading to the prominence of the Swiss franc instead of the Japanese yen, which is traditionally considered a 'safe haven' currency.
"IT WILL BALANCE THE RISK PREMIUM"
Shusuke Yamada, Bank of America's FX and interest rate strategist for Japan, stated that taking long-term Swiss franc/Japanese yen positions could be the clearest way to reflect the financial risks associated with the Japanese yen. Yamada explained this situation by saying, "Because the solid financial profile of the Swiss franc will balance the increasing risk premium for traditional safe haven currencies like the dollar and the Japanese yen."
VALUE APPRECIATION EXPECTED
It is expected that this new trend among investors will lead to an appreciation of the Swiss franc in the foreign exchange markets in the upcoming period.