Insightperspectives January 1, 2016 v3

In this context, however, the euro may still see

downward pressure in 2016 as the European Central

Bank appears to be biased towards printing money

more aggressively. The British pound is also at risk, as it

becomes clear to investors how fragile the current

recovery is. In contrast to Britain, the Swedish crown is

expected to see support from strong macroeconomic

fundamentals - read also the article,

On the other hand, the Japanese yen is exposed to the

biggest appreciation pressure as the Bank of Japan is

having second-thoughts about the efficiency of money-

printing. This acknowledgment, however, could prove

fatal in a foreign exchange market where the Japanese

yen is only significantly undervalued due to the fact

that the Japanese central bank is expected to keep

printing money.