Yen sees further upside risks, go short EUR/JPY – Societe Generale

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."