RBS starts the year with solid EUR/JPY call
The bank expects the dollar to continue its uptrend against other major currencies
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RBS won last week's three-month currency forecast table with an on-target call on the strengthening of the yen versus the euro, with EUR/JPY closing at 129, down from 134 in October.
"One of our stronger views for this year is that the yen is likely to strengthen on currency crosses, so less of a dollar/yen story and more of a yen/cross story against the euro and other Asian regional currencies," says David Simmonds, head of currency and emerging markets strategy at
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