Kit Juckes, Global Strategist at Societe Generale offers his outlook on the EUR/JPY pair, in the wake of risk-aversion and rising disinflationary pressures.
Key Quotes:
“Yen is likely to benefit most among currencies, as disinflationary pressures increase and investors shun risk.
Warns of a danger that it will be as difficult to revive inflation.
In this fight against disinflation, the currency winner is likely to be the Yen.
Risk aversion always helps the yen.”
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