ABN Amro: yen to strengthen as dollar rally fades
USD/JPY will fall below 100 as safe haven flows shift from the dollar to the yen
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The yen will continue to strengthen for the rest of 2019 and into 2020 as risk-off sentiment props up the currency and FX markets move away from the dollar following weakening US fundamentals and the Federal Reserve lowering interest rates, says Georgette Boele, a senior FX strategist at ABN Amro.
“We expect a higher yen in 2019 and 2020 because waves of risk-off will support the yen in 2019 and the Bank of Japan
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