Goldman Sachs: The Japanese yen against the Swiss franc will continue to be under pressure, with relative inflation being a key driving factor.

Goldman Sachs recently released a research report pointing out that despite the short-term strength of the Japanese yen after the lower house election, the yen is still facing continuous depreciation pressure against the Swiss franc in the medium to long term. The bank's strategist Isabella Rosenberg analyzed in the report that the yen usually performs better in an economic environment of negative growth and has strong safe-haven properties, while the Swiss franc is more advantageous in hedging inflation risks. She emphasized that the relative inflation level is the core factor determining the exchange rate trend of the Swiss franc against the yen.