Swissie and yen to see strength
CURRENCY FORECASTS
Mitul Kotecha, global head of FX research at the French bank in London, said this is predicated on the bank's fair-value estimates, which puts the CHF and JPY furthest away from what its models predict. "If we are correct about resumption of USD weakness, this deviation suggests that the CHF and JPY will benefit the most, although we are cognisant of the fact that the JPY failed to live up to the market's bullish expectations last year."
He added that from a fundamental perspective, the
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