Mitsubishi UFJ: Yen and Swiss Franc Are the Worst-Performing G10 Currencies Since the U.S.-Iran Conflict Began
2026-07-23 09:14:26
According to Jin10, Mitsubishi UFJ Bank analyst Lee Hardman said the low-yield yen and Swiss franc have been the two worst-performing G10 currencies since the U.S.-Iran conflict began in late February, and both continued to underperform this month. He said ongoing U.S.-Iran tensions have pushed oil prices higher, while negative energy price shocks and rising expectations of interest-rate hikes from the European Central Bank and the Federal Reserve have pressured the two currencies.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
伊朗革命卫队：侵犯科威特主权的是美国
