11.06.2008 15:47

Shinkin Central Bank about the euro


``The monetary policy outlook for the euro makes it look particularly strong against the yen,'' said Shinichi Hayashi, a foreign-exchange trader in Tokyo at Shinkin Central Bank, Japan's fifth-largest publicly traded lender by assets. ``It's realistic to expect an ECB rate hike next month.'' The euro may rise to 167.70 yen this week, he said.






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